ACI
3I0-013 · Question #292
The "value date" is best described as:
The correct answer is C. The date the settlement occurs. See the full explanation below for the reasoning.
Question
The "value date" is best described as:
Options
- AThe date a trade is undertaken
- BThe date the fixing rate is agreed upon
- CThe date the settlement occurs
- DThe date confirmations are exchanged between counterparties
How the community answered
(26 responses)- A8% (2)
- B4% (1)
- C73% (19)
- D15% (4)
Community Discussion
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