SETTLEMENT
T+0 Settlement
Settlement occurs on the trade date, subject to market cutoffs and infrastructure rules.
Market use
Used in some cash, money-market and instant-settlement contexts.
What it means
Settlement occurs on the trade date, subject to market cutoffs and infrastructure rules.
Example
A trade executed Monday settles Monday if eligible.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.