In Regards to the Treasury Notes Futures Contract, Which of the Below

question 49

Multiple Choice

In regards to the Treasury notes futures contract, which of the below statements is FALSE?

• A) There are three Treasury note futures contracts: 10-year, five-year, and two-year.
• B) For the Treasury notes futures contract, the delivery options granted to the short position and the minimum price fluctuation are different from the Treasury bond futures contract.
• C) For the five-year Treasury note futures contract, the underlying is $100,000 par value of a 6% notional coupon U.S. Treasury note that satisfies the following condition: an original maturity of not more than five years and three months.
• D) For the five-year Treasury note futures contract, the underlying is $100,000 par value of a 6% notional coupon U.S. Treasury note that satisfies the following condition: a remaining maturity no greater than five years and three months.

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