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    Exam 7: Managing Interest Rate Risk Using Off-Balance-Sheet Instruments
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    Some Futures Exchanges Have Deliverable Bond Futures, Meaning That at the Contract's
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Some Futures Exchanges Have Deliverable Bond Futures, Meaning That at the Contract's

Question 47

Question 47

True/False

Some futures exchanges have deliverable bond futures, meaning that at the contract's expiry holders of bought futures positions must take physical delivery and sellers must make delivery.

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