On Monday morning you sell one June T-bond futures contract at 97:27 or for $97,843.75. The contract's face value is $100,000. The initial margin requirement is $2,700 and the maintenance margin requirement is $2,000 per contract. Use the following price data to answer questions 67 through 70.
-The volume of interest rate swaps increased from almost zero in 1980 to over __________ today.

Question

On Monday morning you sell one June T-bond futures contract at 97:27 or for $97,843.75. The contract's face value is $100,000. The initial margin requirement is $2,700 and the maintenance margin requirement is $2,000 per contract. Use the following price data to answer questions 67 through 70. 
-The volume of interest rate swaps increased from almost zero in 1980 to over __________ today.

Quizplus · Accepted Answer

The volume of interest rate swaps has increased significantly since its introduction in 1980 and is estimated to be over $200 trillion today. The other options are too low to reflect the current market size of interest rate swaps.

On Monday Morning You Sell One June T-Bond Futures Contract