n NISM Certifications
XIII NISM Series XIII
Medium

In physical settlement of bond futures, the Conversion Factor is:

Practice question from NISM Series XIII for SIF - Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Same for all deliverable bonds

  2. Different for different deliverable bonds

    Correct answer

  3. C

    Not applicable in physical settlement

  4. D

    None of the above

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

Test yourself for real

Take a full NISM Series XIII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.