An ultra T-bond futures contract is one where
A. Bonds with maturities less than 3 years can be delivered
B. Bonds with maturities less than 10 years can be delivered
C. Bonds with maturities greater than 15 years can be delivered
D. Bonds with maturities greater than 25 year can be delivered
Answer:D
An ultra T-bond futures contract is one where
A. Bonds with maturities less than 3 years can be delivered B. Bonds with maturities less than 10 years can be delivered C. Bonds with maturities greater than 15 years can be delivered D. Bonds with maturities greater than 25 year can be delivered