n NISM Certifications
XIII NISM Series XIII
Medium

The underlying for 'Bond Derivatives' should be __________.

Practice question from NISM Series XIII for SIF - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Borrowing and Lending of money

  2. A specific instrument issued by a specific borrower

    Correct answer

  3. C

    Interest rate on specific instrument

  4. D

    None of the above

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

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