SAIFM RPE Bond Market Practice Questions - SAIFM Registered Persons Examination (RPE) - Bond Market Module Exam

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What is the standard day-count convention used for calculating accrued interest on fixed-rate government bonds in the South African market?

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

Correct Answer:

Actual/365 (ACT/365)

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