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What do CDS premium dates usually fall on?

AEvery Friday of the year
BJanuary 1 of each year
CMar 20, Jun 20, Sep 20, Dec 20
DThe last day of each month
Answer & Solution
Correct answer: C. Mar 20, Jun 20, Sep 20, Dec 20
Premiums are quarterly and tied to the 20th of those months, near IMM dates.
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