Series 3: Conversion Factor

Taken from our National Commodities Futures Examination

Definition of the term Conversion Factor...

an adjustment to the price of a deliverable Treasury bond or note to make it approximate more closely the synthetic yield and maturity of a T-bond or note futures contract.

Since you're reading about Series 3: Conversion Factor, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 3
Please Enable Javascript
to view this content!