Which of the following are the features of Treasury Bills? A. Negotiable Securities B. Issued at par…

Treasury Bills (T-Bills) are short-term money market sovereign debt instruments that are Negotiable Securities (A), enjoy High liquidity on account of their short tenure (91, 182, or 364 days) (C), and offer an Assured Yield with zero default risk (D). Statement B is false because T-Bills are zero-coupon securities issued at a discount and redeemed at par, and Statement E is false because transaction costs are very low.