ACI 3I0-012 Exam Questions
3I0-012 ACI Dealing Certificate (Page 21 )

Updated On: 17-Feb-2026

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



You have taken 3-month deposits of EUR 10,000,000.00 at 0.60%, EUR 5,000,000.00 at 0.40% and EUR 5,000,000.00 at 0.50%.

What is the average rate of your long position?

  1. 0.525%
  2. 0.45%
  3. 0.75%
  4. 0.375%

Answer(s): A



A 30-day 4% CD with a face value of GBP 20,000,000.00 is trading in the secondary market with 20 days remaining to maturity at 4.05%.

What would be your holding period yield if you bought the CD now and held it to maturity?

  1. 4.05%
  2. 4.0%
  3. 3.891%
  4. 3.838%

Answer(s): B






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