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The CBT Determines Which Treasury Issues Are Acceptable for Delivery

Question 4

Multiple Choice

The CBT determines which Treasury issues are acceptable for delivery of a Treasury bond futures contract as long as it meets the following criteria:


A) The issue must be long-term.
B) The issue must have at least 15 years to maturity from the date of delivery if not callable.
C) The issue must be short-term.
D) The issue cannot be callable.
E) None of the above.

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