n NISM Certifications
XIII NISM Series XIII
Medium

On what basis are Treasury Bill futures contracts quoted?

Practice question from NISM Series XIII for SIF - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    100 plus discount yield

  2. 100 minus discount yield

    Correct answer

  3. C

    100 plus investment yield

  4. D

    100 minus investment yield

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

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