Bonds that have an investment range of 3-12 months are
a. treasury bills (t-bills)
b. treasury bonds
c. treasury notes
d. u. s. savings bonds

Bonds having an interest range of 3 -12 months are called Treasury bills or T-bills (a). Treasury bills are government securities which are short-termed. They are the most marketable security and safest due to their simplicity. They are issued by a bidding process. They do not have an interest however they are issued with a discount in order to give return to the holder.

True is the correct answer