Question

All of the following are true statements regarding Treasury Bills EXCEPT:A T-Bills are issued in bearer form in the United StatesB T-Bills are registered in the owner's name in book entry formC T-Bills are issued at a discountD T-Bills are non-callable

Answer 1

Answer: A T-Bills are issued in bearer form in the United States

Step-by-step explanation:

T-Bills are indeed registered in the owner's name in a book entry and the owner's name is acquired electronically.

T-Bills are also issued at a discount and come back to par at maturity which means that the gain on a T-Bill is a capital gain.

T-Bills are also non-callable. The only false statement here therefore is that T-Bills are issued in bearer form in the U.S..