Question

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.

Answer 1

[AI-generated answer — Bot GPT 3.5]

The statement "Treasury bonds mature between 2 and 10 years" is false. Treasury bonds can have various maturity periods, ranging from as short as 1 year to as long as 30 years.