Question

"Treasury notes and bonds are": A bearer securities B registered to interest only C registered to principal only D fully registered in book entry form

Answer 1

Answer: D. fully registered in book entry form

Explanation: Treasury Bills, Notes and Bonds are only available in book entry form which is a method of tracking ownership of securities where no physically engraved certificates (paper certificates) are given to investors. The ownership of such securities are never physically transferred and thus, when they are bought or sold they are recorded electronically and accounting entries are just modified in the books of the commercial financial institutions. Book entry securities such as treasury bills, notes and bonds can also be referred to as uncertificated securities or paperless securities.

Answer 2

D fully registered in book entry form

Step-by-step explanation:

Treasury bills, notes, and bonds are only available in book entry form, issued by the U.S Treasury, they are not available as bearer securities, registered to interest only, or registered to principal only.