SETTLEMENT
T+2 Settlement
Settlement is scheduled two business days after trade date.
Market use
Still relevant across many markets and instruments.
What it means
Settlement is scheduled two business days after trade date.
Example
A Monday trade normally targets Wednesday absent holidays.
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.