n NISM Certifications
XIII NISM Series XIII
Medium

What is the settlement day for the 91-day T-bill futures contract?

Practice question from NISM Series XIII for SIF - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Next working day following Last Trading Day

  2. B

    Two days after the last business day of the Contract Month

  3. Last business day of Contract Month

    Correct answer

  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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