Settlement

Question 1

When do muni bonds settle

Answer 1

T+2

Muni’s, like corporate bonds settle 2 days after the trade date

Question 2

When do corporate bonds settle

Answer 2

T+2

Question 3

T/F: T-notes settle next day, while Ginnie Maes normally settle T+2

Answer 3

True

T notes next day
Ginnie Mae t + 2