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128
An ultra T-bond futures contract is one where
A.Bonds with maturities less than 3 years can be delivered
B.Bonds with maturities less than 10 years can be delivered
C.Bonds with maturities greater than 15 years can be delivered
D.Bonds with maturities greater than 25 year can be delivered
A.Bonds with maturities less than 3 years can be delivered
B.Bonds with maturities less than 10 years can be delivered
C.Bonds with maturities greater than 15 years can be delivered
D.Bonds with maturities greater than 25 year can be delivered
Answer: D
In the ultra T-bond futures contract bonds with maturities over 25 years can be delivered.
In the ultra T-bond futures contract bonds with maturities over 25 years can be delivered.
Flashcard info:
Author: CoboCards-User
Main topic: Finance & Investment
Topic: Derivatives
Published: 27.10.2015