ICMA FMFC - Financial Markets Foundation Course Exam

Question #11 (Topic: )

Which of the following methods of raising funds will not be used by governments?

A. Direct borrowing from banks B. Issuing bonds C. Issuing short-term debt D. Issuing equity

Answer: D

Question #12 (Topic: )

Which market regulation introduced the requirement for guaranteeing Best Execution in the
Equities market?

A. Basel II B. MiFID C. EMIR D. Dodd-Franks

Answer: B

Question #13 (Topic: )

Which of the following currencies uses an Act/365 day-count in its money market
transactions?

A. UDS B. JPY C. EUR D. GBP

Answer: D

Question #14 (Topic: )

Which of the following investments would be an example of a pooled investment?

A. Deposit made with a bank B. Purchase of shares C. Purchase of a mutual fund D. Purchase of an equity warrant

Answer: C

Question #15 (Topic: )

How is the yield curve normally represented?

A. Yield against term B. Coupon against term C. Yield against coupon D. Yield against price

Answer: A

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Total 50 questions