Which one of the following statements is false?
The three major credit rating agencies in SA are Standard & Poor, Fitch and Moody’s.
Speculative-grade debt is also known as junk status.
Treasury bonds mature between 2 and 10 years
The three ways in which retail investors can access fixed income instruments are ETFs, unit trusts, and RSA Retail Savings Bonds.
1 answer
The statement "Treasury bonds mature between 2 and 10 years" is false. Treasury bonds, also known as government bonds, can have various maturity periods ranging from short-term (less than 1 year) to long-term (10-30 years).
1 answer