Exam ICWIM Topic 1 Question 165 Discussion

Actual exam question for CISI's ICWIM exam
Question #: 165
Topic #: 1
Treasury bills are normally issued with a minimum maturity of:

Suggested Answer: B Vote an answer

* Treasury Bills Defined
* Treasury bills (T-bills) are short-term government debt securities issued at a discount and redeemed at face value at maturity.
* They are typically issued with maturities of3 months (most common), 6 months, and 1 year.
* Why the Answer is B
* While T-bills can have shorter or longer maturities,3 monthsis the standard minimum maturity for most markets, including the UK and US.
* ICWIM Study Guide, Chapter on Fixed Income Securities: Covers treasury bill characteristics.
* Debt Market Literature: Confirms typical T-bill maturities.
References

by Abigail at Jun 17, 2025, 03:58 PM

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