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。