A futures contract which calls for the delivery of a $100,000 T-bond with a minimum of 15 years to maturity is called a:

Question

Quizplus · Accepted Answer

The contract described in the question is a U.S. Treasury bond futures contract as it involves the delivery of a specific type of bond issued by the U.S. government. The minimum maturity requirement of 15 years also aligns with the typical maturity of T-bonds. The other options listed refer to different types of futures contracts that do not match the specific characteristics of the contract described in the question.

A Futures Contract Which Calls for the Delivery of a $100,000