n NISM Certifications
NSM General NISM
Medium

What is the basis for the final price at which a treasury bill futures contract is settled?

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

Options

  1. The auction price of treasury bill

    Correct answer

  2. B

    The daily settlement price

  3. C

    Fixed by FIMMDA

  4. D

    Fixed by FEDAI

Why this is the answer

Settlement is linked to the RBI auction price.

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