QUESTION: 421 Topic: 5, Volume E

The one-month (31-day) GC repo rate for French government bonds is quoted to you at 3.7580%. As collateral, you are offered EUR 25,000,000.00 nominal of the 5.5% OAT April 2015, which is worth EUR 28,137,500.00. If you impose an initial margin of 1%, the Repurchase Price is:

EUR 27,947,276.43
EUR 27,946,077.08
EUR 27,950,071.43
EUR 27,948,871.97

Answer(s): D

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QUESTION: 422 Topic: 5, Volume E

Four banks provide you with quotes in CHF/SEK. Which is the best price for you to buy SEK?

6.5825
6.5820
6.5815
6.5830

Answer(s): D

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QUESTION: 423 Topic: 5, Volume E

After having quoted a rate of 1.5005-10, the quoting bank says, “Your risk”. This means:

The quoted rate is subject to change at the risk of the price-taker
The quoting bank is reminding you of the market risk of your potential trade
This is a requirement of any market maker
The market maker needs to check your credit limit

Answer(s): A

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QUESTION: 424 Topic: 5, Volume E

What is the London Gold Price Fix (London Gold Fixing)?

the gold price fixed twice a day to balance supply and demand in the London bullion market
the gold price fixed at the end of the day in the London bullion market
the gold price fixed at 11:00 am. local time in the London bullion market from a panel of gold traders
the gold price fixed at 11:00 a.m. to settle gold contracts in the London bullion market

Answer(s): A

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Free 3I0-012 Exam Braindumps (page: 106)

QUESTION: 421 Topic: 5, Volume E

QUESTION: 422 Topic: 5, Volume E

QUESTION: 423 Topic: 5, Volume E

QUESTION: 424 Topic: 5, Volume E