n NISM Certifications
NSM General NISM
Medium

An inter-bond spread in futures involves two trades with these features:

Practice question from NISM Series IV - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Different market side but same expiry month

  2. Different market side, different underlying but same expiry month

    Correct answer

  3. C

    Different market side and different expiry months

  4. D

    Same market side but different expiry months

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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