What is the normal means of delivery on a Treasury note futures contract?
A)delivery in cash
B)change in registered ownership
C)direct deposit of cash into the seller's bank account
D)wire transfer of funds from the buyer's bank to the seller's bank
E)payment by certified check on the maturity date

Question

Quizplus · Accepted Answer

The normal means of delivery on a Treasury note futures contract is through a change in registered ownership. This process involves transferring the title of the Treasury notes from the seller to the buyer, rather than dealing with cash or bank transactions directly.

What Is the Normal Means of Delivery on a Treasury