Lending for 3 months and borrowing for 6 months creates a 3x6 forward-forward deposit. The cost of that deposit is called:
The two-week repo rate br the 5.25% bund 2007 is quoted to you at 3.33-38%. You agree to reverse in bonds worth EUR 266,125,000 with no initial margin. You would earn repo interest ot
One of your brokers asks you to buy and sell EUR/USD at the same price net of brokerage in order to allow him to clear a transaction.
When quoting the exchange rate between the EUR and AUDI which is conventionally the base currency?
The organisational structure of market participants should ensure a strict segregation between front and back office of:
What is a master agreement intended to do?
When a stop-loss/profit order is taken, the rate specified in the order:
What is meant by “short dates”?
You are paying 5% per annum paid semi-annually and receiving 6-month LIBOR on a USD 10 million interest rate swap with exactly two years to maturity. 6-month LIBOR for the next payment date is fixed today at 4.95%. How would you hedge the swap using FRAs? How to hedge an IRS with a strip of FRAs?
You are quoted the following market rates:
spot EUR/USD. 1.2250
3M (91-day) EUR 2.55%
3M (91-day) USD. 2.00%
What is 3-month EUR/USD?
When is interest conventionally due on a 3-year interbank eurodollar deposit?
What is Model Codes recommendation on the settlement of dirrerences by “points”?
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