QUESTION: 89 Topic: 1, Volume A

Confirmations of non-prime brokerage deals using CLS should be exchanged:

within 2 hours after deal agreed with counterparty
before the value date of the trade
by the end of the trade date
within 24 hours

Answer(s): A

QUESTION: 90 Topic: 1, Volume A

Your agent bank accepts your back-valuation request for 1 day on an amount of EUR
50,000,000.00. EONIA is 0.375% and the ECB marginal lending facility rate is 1.50%. Applying conventional administration fees, how much will this be charged?

EUR 620.83
EUR 868.06
EUR 968.06
EUR 2,183.33

Answer(s): C

Reveal Solution Next Question

QUESTION: 91 Topic: 1, Volume A

A 3-month (91-day) deposit of AUD 25,000,000.00 is made at 3.25%. At maturity, it is rolled over three times at 3.55% for 90 days, 4.15% for 91 days and 4.19% for 89 days. At the end of 12 months, how much is repaid (principal plus interest)?