Unit 7 US Treasury and Government Agency Securities Flashcards

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1
Q

Treasury securities are entered in what form?

A

Book-entry form only

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2
Q

T-Note speads

A

102.20 bid-102.24 ask
.04/32% = $1.25

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3
Q

Interest paid on agency securities are taxed at…

A

federal level only

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4
Q

Ginnie Mae securities taxed at

A

all levels

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