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?
Answer : D
Todays spot value date is the 30th of June. What is the maturity date of a 2-month EUR deposit deal today? Assume no bank holidays.
Answer : C
Lending for 3 months and borrowing for 6 months creates a 3x6 forward-forward deposit.
The cost of that deposit is called:
Answer : B
What is the maximum maturity of an unsecured USCP?
Answer : B
Which of the following is typical of liquid assets held by banks under prudential requirements?
Answer : A
The seller of a put option has:
Answer : D
You are quoted the following market rates:
spot USD/SEK 6.3850
1M (30-day) USD 0.40%
1M (30-day) SEK 1.15%
What is 1-month USD/SEK?
Answer : D
Which of the following statements is correct?
Answer : C
If a dealer has a 6-month USD asset and a 3-month USD liability, how could he hedge his balance sheet exposure in the FRA market?
Answer : A
Responsibility for the activities of all personnel engaged in dealing (both dealers and support staff) for both principals and brokers lies with:
Answer : C
If spot AUD/USD is quoted to you as 1.0420-25 and 1-month forward AUD/USD is quoted to you as 28/23, at what rate can you buy USD 1-month outright?
Answer : D
How many GBP would you have to invest at 0.55% to be repaid GBP 2,000,000.00
(principal plus interest) in 90 days?
Answer : B
Hybex Electrics is a highly rated company with a considerable amount of fixed rate liabilities and would like to increase the percentage of floating rate debt. Which of the following is the best course of action?
Answer : C
A 7% CD was issued at par, which you now purchase at 6.75%. You would expect to pay:
Answer : B