ACI 3I0-012 Exam
3I0-012 ACI Dealing Certificate (Page 10 )

Updated On: 19-Jan-2026

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

Answer(s): C



What is the maximum maturity of an unsecured USCP?

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

Answer(s): B



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

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

Answer(s): A



What are the primary reasons for taking an initial margin in a classic repo?

  1. Counterparty risk and operational risk
  2. Counterparty risk and legal risk
  3. Collateral illiquidity and counterparty risk
  4. Collateral illiquidity and legal risk

Answer(s): C



What happens when a coupon is paid on bond collateral during the term of a classic repo?

  1. Nothing
  2. A margin call is triggered on the seller
  3. A manufactured payment is made to the seller
  4. Equivalent value plus reinvestment income is deducted from the repurchase price

Answer(s): C



Viewing page 10 of 149
Viewing questions 46 - 50 out of 740 questions



Post your Comments and Discuss ACI 3I0-012 exam prep with other Community members:

Join the 3I0-012 Discussion