International Finance And Treasury - Study Mode
[#451] Federal reserve, money market brokers and dealers, mutual funds and US treasury are all participants of
Correct Answer
(B) money markets
Explanation
Solution: Federal reserve, money market brokers and dealers, mutual funds and US treasury are all participants of money markets. The money market is the trade in short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders.
[#452] Repurchase agreements usually called repos can be traded
Correct Answer
(D) both a and b
Explanation
Solution: Repurchase agreements usually called repos can be traded directly and with brokers or dealers. A repurchase agreement (repo) is a form of short-term borrowing for dealers in government securities.
[#453] In Eurodollar market, increase in demand of Euro dollars results in
Correct Answer
(A) increase in LIBOR
Explanation
Solution: In Eurodollar market, increase in demand of Euro dollars results in increase in LIBOR. Deposits from overnight out to a week are priced based on the fed funds rate. Prices for longer maturities are based on the corresponding London Interbank Offered Rate (LIBOR).
[#454] Type of bids which states complete description about quantity of bids and prices of bids is classified as
Correct Answer
(C) competitive bids
Explanation
Solution: Type of bids which states complete description about quantity of bids and prices of bids is classified as competitive bids. Competitive bidding is a process of issuing a public bid with the intent that companies will put together their best proposal and compete for a specific project.
[#455] If 180 days T-bill have maturity of one year with value of $9250 and face value is $10000 then reported discount yield is
Correct Answer
(D) 15.00%