3I0-012

3I0-012 practice questions, page 20 of 30, with answer review and explanations.

Question 96

Which of the following is always a secured instrument?

  1. ECP
  2. Repo
  3. Interbank deposit
  4. CD

Question 97

What type of institution is the typical drawer of banker’s acceptances?

  1. Credit institution
  2. Investment bank
  3. Corporate
  4. Central Bank

Question 98

Which type of repo is the most risky for the buyer?

  1. Delivery repo
  2. HIC repo
  3. TO-party repo
  4. There is no real difference

Question 99

You have taken 3-month deposits of EUR 10,000,000.00 at 0.60%, EUR 5,000,000.00 at 0.40% and EUR 5,000,000.00 at 0.50%. What is the average rate of your long position?

  1. 0.525%
  2. 0.45%
  3. 0.75%
  4. 0.375%

Question 100

A 30-day 4% CD with a face value of GBP 20,000,000.00 is trading in the secondary market with 20 days remaining to maturity at 4.05%. What would be your holding period yield if you bought the CD now and held it to maturity?

  1. 4.05%
  2. 4.0%
  3. 3.891%
  4. 3.838%