Multiple Choice
Which of the following statements regarding the secondary market for Australian government securities is incorrect?
A) The volume of on-exchange trades of government securities is very high.
B) Treasury notes and bonds may be listed on the Australian Securities Exchange (ASX) .
C) Banks buy and sell government securities to manage their operational liquidity.
D) All wholesale electronic transactions involving Commonwealth government securities are settled through Austraclear.
Correct Answer:
Verified
Correct Answer:
Verified
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