Free 3I0-012 Exam Braindumps (page: 43)

Page 42 of 186

Which of the following are specifically quoted in terms of a yield-to-maturity?

  1. US Treasury bill
  2. CD
  3. Interbank deposit
  4. USCP

Answer(s): B



Who takes the counterparty risk on the seller in a to-party repo?

  1. The buyer
  2. The to-party agent
  3. A third-party guarantor
  4. A central clearing counterparty

Answer(s): A



Repo is said to have “double indemnity” due to the creditworthiness of the counterparty and:

  1. A written legal agreement between the parties
  2. The oversight of the transaction by the custodian of the collateral
  3. The creditworthiness of the collateral
  4. The right of close-out and set-off in an event of default

Answer(s): C



In which type of repo is “double dipping” a risk?

  1. Delivery repo
  2. HIC repo
  3. To-party repo
  4. “Double dipping” is never a risk in any type of repo

Answer(s): B






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