ACI 3I0-012 Exam
3I0-012 ACI Dealing Certificate (Page 2 )

Updated On: 19-Jan-2026

What is the amount of the principal plus interest due at maturity on a 1-month (32-day) deposit of
USD 50,000,000.00 placed at 0.37%?

  1. EUR 50,015,416.67
  2. EUR 50,016,219.18
  3. EUR 50,016,444.44
  4. EUR 50,016,958.33

Answer(s): C



The Market Segmentation hypothesis suggests that the yield curve bends at some point along its length because:

  1. Investors have less appetite for longer-term investments
  2. Borrowers prefer to borrow long-term but lenders prefer to lend short-term
  3. Different types of institution tend to specialize in different maturity ranges
  4. The risk premium becomes significant only at longer maturities

Answer(s): C



Which of the following is always a secured instrument?

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

Answer(s): B



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

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

Answer(s): A



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

Answer(s): C



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