This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The key features of Treasury Bills, including their risk-free nature and issuance at a discount. - The characteristics of commercial paper, such as its 270-day maximum maturity for SEC exemption. - The role of Negotiable CDs as tradable, interest-bearing bank deposits. - How Banker's Acceptances facilitate international trade through a bank's guarantee. - The function of Repurchase Agreements as collateralized short-term loans. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep