单选题
Which of the following is a difference between an on-the-run and an off-the-run issue?
A、
An on-the-run issue is the most recently issued security of that type.
B、
An on-the-run issue has a shorter maturity than an off-the-run issue.
C、
An on-the-run issue is publicly traded whereas an off-the-run issue is not.
【正确答案】
A
【答案解析】
[解析] 新发国库券是指最近刚刚经过拍卖程序发行的国库券，而原发国库券则是指在最近新发行的国库券之前发行的国库券。
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