n NISM Certifications
XIII NISM Series XIII
Medium

The last trading day for a 10 year bond futures contract is ________.

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Last Thursday of Contract / Expiry Month (or the previous trading day if it falls on a holiday)

    Correct answer

  2. B

    Last Wednesday of Contract / Expiry Month (or the previous trading day if it falls on a holiday)

  3. C

    Last Thursday of Contract / Expiry Month (or the next trading day if it falls on a holiday)

  4. D

    Last Wednesday of Contract / Expiry Month (or the next trading day if it falls on a holiday)

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

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