Question

Suppose the South African government has just issued treasury bills worth R50 million through the South African bond exchange market. This scenario is concerned with

a. 

indirect financing of a real transaction.

a. indirect financing of a real transaction.

b. 

direct financing of a financial transaction.

b. direct financing of a financial transaction.

c. 

indirect financing of a financial transaction.

c. indirect financing of a financial transaction.

d. 

direct financing of a real transaction.

Answer 1

a. Indirect financing of a real transaction.