ACI 3I0-010 Exam
3I0-010 ACI-Operations Certificate (Page 10 )

Updated On: 12-Feb-2026

Which of the following factors must be considered when making interbank EUR payments in RTGS systems between 17:00 CET and 18:00 CET with same day value?

  1. no special requirements need to be considered
  2. the receiver has to approve the transfer
  3. interest has to be paid to the receiver
  4. the receiver is required to accept the payment amount

Answer(s): A



How is the price of an interest rate swap (IRS) expressed?

  1. as an exchange rate
  2. as a cashflow
  3. as a margin added to the floating rate
  4. as an interest rate expressed in percentage terms

Answer(s): D



The abbreviation "FRN" stands for:

  1. fixed rate notional
  2. forward rate note
  3. fixed rate note
  4. floating rate note

Answer(s): D



The price of a zero coupon, maturing in 2 years, is

  1. always close to 100%
  2. above 100%
  3. below 100%
  4. none of the above

Answer(s): C



Major amendments to a prospectus can be made:

  1. at the discretion of the issuer and after the launch
  2. only with the consent of the note holders
  3. always in the case of default payment
  4. only by the custodian with the consent of the issuer

Answer(s): B






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