Series 7 practice questioneasyTrade Settlement — Government Securities
U.S. Treasury securities settle on what basis in regular-way secondary-market trading?
- AT+1✓ Correct answer
- BT+0 (same day)
- CT+2
- DT+3
Explanation
Why A — T+1
Regular-way secondary-market trades in U.S. Treasury securities generally settle on T+1, meaning the next business day after the trade date. Same-day settlement is a cash settlement exception, not the regular-way Treasury settlement cycle.
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