Free 3I0-013 Exam Braindumps
ACI Operations Certificate Questions 146–150 (page: 31)

Updated On: 9-Feb-2026

The yield of a 1 month FRN in EUR depends on

  1. The level of short-term EUR interest rates
  2. The level of medium-term EUR interest rates
  3. The slope of EUR yield curve
  4. The level of long-term EUR interest rates

Answer(s): A



A bank responsible for making due payments of principal and interest on a bond is called the

  1. Purchase agent
  2. Paying agent
  3. Fiscal agent
  4. Market maker

Answer(s): A



A bond selling at a discount will be selling for:

  1. Less than 100%
  2. 100%
  3. More than 100%
  4. More than a bond selling at a premium

Answer(s): A



In the bond market, which of the following is true about the settlement amount?

  1. The settlement amount is the sum of the redemption value plus all coupons paid by the issuer.
  2. If the yield and the coupon are exactly the same, the settlement amount and the face value will be identical.
  3. The settlement amount is always calculated using the redemption price.
  4. On a coupon date, if the bond quotes at par, the settlement amount and the face value will be identical.

Answer(s): D



On 15 April 2010 you buy a bond whose coupon falls on 15 January 2010. The interest basis is 30/360. Using bond settlement T+1, how many days do you apply for the interest calculation?

  1. 89 days
  2. 90 days
  3. 91 days
  4. 92 days

Answer(s): C



Viewing page 31 of 79
Viewing questions 151 - 155 out of 386 questions


Post your Comments and Discuss ACI 3I0-013 exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!