Question
You buy a Treasury futures contract with a face value of $100,000 at par. Your initial margin is 10%. The maintenance margin is 4%. The
You buy a Treasury futures contract with a face value of $100,000 at par. Your initial margin is 10%. The maintenance margin is 4%. The MD on the underlying bond is 8 years. Tomorrow the interest rate on the bond rises by 100 bps. What is the balance in your margin account
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Local Public Finance And Public Policy Volume 3 1987
Authors: John M. Quigley
1st Edition
0892326484, 9780892326488
