Medium term notes issued by a U.S.DI
A)generally have a maturity of five to seven years.
B)are a stable source of funds with low withdrawal risk.
C)are not subject to reserve requirements.
D)are not subject to deposit insurance.
E)All of the options.

Question

Quizplus · Accepted Answer

Medium term notes issued by a U.S. Depository Institution (DI) generally have a maturity of five to seven years, are a stable source of funds with low withdrawal risk, are not subject to reserve requirements, and are not subject to deposit insurance.

Medium Term Notes Issued by a U.S.DI