day of maturity

基本解释

If the index is at 1170 – down 10%– on the day of maturity, we would pay $100 million.
如果指數下降了10%到1170，結算日那天我們將要支付1 億美金。
Delivery can take place on any day during the month of maturity, with the last trading day of the contract falling 7 business days prior to the end of the month.
交割可在到期月份的任何一天行使，郃約最後交易日是該月月底的前七個工作日。
When bill discount, the bank presses fixed interest rate from bill expire deduct in the value come from loan day of note maturity should plan accrual, pay the person that oppose a bill more than.
票據貼現時，銀行按一定的利率從票據的到期值中釦除自借款日至票據到期日的應計利息，將餘款付給持票人。

Does X worth of 1-day-maturity debt really hedge 10X of a 7-year commercial real estate loan?
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