3I0-012

3I0-012 practice questions, page 2 of 30, with answer review and explanations.

Question 6

What is EONIA?

  1. Volume-weighted average overnight EUR deposit rate
  2. Volume-weighted average overnight EUR LIBOR
  3. Arithmetic average overnight EUR deposit rate
  4. ECB overnight lending rate

Question 7

Which of the following is not a negotiable instrument?

  1. CD
  2. FRA
  3. BA
  4. ECP

Question 8

Which of the following is a Eurocurrency deposit?

  1. A 3-month deposit of USD 10,000,000.00 offered by a US bank in New York
  2. A 3-month deposit of USD 10,000,000.00 offered by the US branch of a UK bank in New York
  3. A 3-month deposit of USD 10,000,000.00 offered by a US bank in London
  4. A 3-month deposit of GBP 10,000,000.00 offered by the UK branch of a US bank in London

Question 9

What is the maximum maturity of an unsecured USCP?

  1. One year
  2. 270 days
  3. 183 days
  4. 5 years

Question 10

Which party usually takes an initial margin in a classic repo?

  1. The buyer
  2. The seller
  3. Neither
  4. Both