JSE Cash Bonds Settlement Officer Practice Questions - JSE Cash Bonds Settlement Officer Specialisation Examination Exam

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What standard day count convention is used for calculating accrued interest on South African government and corporate cash bonds?

Actual/365 (Act/365) Actual/360 (Act/360) 30/360 (Bond Basis) Actual/Actual (ICMA)

Correct Answer:

Actual/365 (Act/365)

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