The most recently issued Treasury securities are called
A)on the run.
B)off the run.
C)on the market.
D)off the market.
E)none of the above.

Question

Quizplus · Accepted Answer

On the run Treasury securities refer to the most recently issued Treasury securities, which are actively traded in the secondary market. They are considered to be more liquid and have lower bid-ask spreads compared to off-the-run securities. Off-the-run Treasury securities are previously issued Treasury securities that are no longer the most recently issued ones.

The Most Recently Issued Treasury Securities Are Called