Identify the statement that best describes Treasury STRIPS $($Separate Trading of Registered Interest and Principal of Securities$).$

A$)$

Zero$-$coupon bonds created by separating the semiannual coupon payments and the principal repayment portions of a U$.$S$.$ Treasury note or bond

B$)$

A negotiable, short$-$term, unsecured promissory note issued by a regional government agency

C$)$

A short$-$term draft drawn by a government agency on a major bank

D$)$

A trust receipt issued by a U$.$S$.$ government agency for shares of a domestic company purchased and held by a credit union