American_Bankers_Association
CTFA · Question #338
Many savings programs are protected by the federal government against loss. Which of the following is Not?
The correct answer is A. A bond issued by one of the 50 states. See the full explanation below for the reasoning.
Investment Management
Question
Many savings programs are protected by the federal government against loss. Which of the following is Not?
Options
- AA bond issued by one of the 50 states
- BA U.S. Treasury bond
- CA U.S. savings bond
- DA certificate of deposit at the bank
How the community answered
(26 responses)- A81% (21)
- B4% (1)
- C4% (1)
- D12% (3)
Topics
#federal insurance protection#government securities#FDIC#savings instruments
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