Question

    Which of the following government securities pays interest semiannually?

    A Treasury Bills Correct Answer Incorrect Answer
    B Cash Management Bills Correct Answer Incorrect Answer
    C Dated Government Securities Correct Answer Incorrect Answer
    D Commercial Paper Correct Answer Incorrect Answer
    E Certificates of Deposit Correct Answer Incorrect Answer

    Solution

        Dated Government Securities carry a fixed or floating coupon (interest rate) paid on face value half-yearly.

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