Most trading of treasury bills occurs via telephone, so this market is considered to be ____________?

Money Markets MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
Money Marketsfinance-mcqs › money-markets
Published
12 May 2023
Last updated
28 May 2026

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Explanation

The treasury bills market is primarily conducted over the phone, which means it is not confined to a single location or exchange, making it a decentralized market.

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