The “spot basis” of a 2 against 4 months EUR/USD forward/forward swap is:
A bank that has quoted a firm price is obliged to deal:
You are quoted the following market rates:
Spot GBP/USD 1.5525
9M (272-day) GBP 0.81%
9M (272-day) USD 0.55%
What are the 9-month GBP/USD forward points?
How frequently should business contingency procedures be tested and updated?
Which of the following is true?
Which of the following statements is true concerning dealing and rollovers at non-current rates?
What is the meaning of “under reference” in the terminology of trading?
You bought a CAD 8,000,000.00 6x9 FRA at 1.95%. The settlement rate is 3-month (90-day) BBA LIBOR, which is fixed at 0.9500%.
What is the settlement amount at maturity?
The market is quoting:
6-month (182-day) CAD 1.25%
12-month (366-day) CAD 1.55%
What is the 6x12 rate in CAD?
A 3-month (91-day) US Treasury bill is quoted at a rate of discount of 4.25%. What is its true yield?
Which of the following is a function of asset and liability management (ALM)?
The vega of an option is:
When do bank participants have a duty to make absolutely clear whether the prices they are quoting are firm or merely indicative?
Which of the following is true about interest rate swaps (IRS):
You request use of funds from your agent bank for 1 day on an amount of EUR 100,000,000.00, EONIA was 0.812% and the ECB deposit facility rate is 0.50%. What use of funds settlement amount should you expect?
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