Any Australian Treasury bond futures contract for a yield of 7.50 per cent per annum is quoted on the futures exchange as:
A) 7.500
B) 92.50
C) 92.500
D) 107.50

Question

Quizplus · Accepted Answer

Australian Treasury bond futures contracts are quoted in terms of 100 - Yield. Therefore, the calculation would be 100 - 7.50 = 92.50. The quote format includes three decimal places, so the answer would be 92.500.

Any Australian Treasury Bond Futures Contract for a Yield of 7.50