Government Bonds
Which of the following is NOT a money market instrument?
Treasury bonds have maturities of 20-30 years, making them long-term instruments rather than money market instruments. Money market instruments mature in one year or less and include T-bills (up to 52 weeks), commercial
Complete Analysis & Legal Rationale
Treasury bonds have maturities of 20-30 years, making them long-term instruments rather than money market instruments. Money market instruments mature in one year or less and include T-bills (up to 52 weeks), commercial paper (up to 270 days), and banker's acceptances (up to 180 days).
Distractor Autopsy (Why Other Options Are Traps)
FINRA exam writers design incorrect distractors using specific calculation mistakes and regulatory misconceptions. Review why each option succeeds or fails:
Does not match the governing concept in the explanation.
Does not match the governing concept in the explanation.
Matches the verified teaching point in the explanation.
Does not match the governing concept in the explanation.
Official Standard: Primary reference for Treasury bills/notes/bonds/STRIPS characteristics (verify current Treasury materials).
Official Standard: Outline-level citation pending rule-specific upgrade. Verify against current FINRA materials.