ACI
3I0-012 · Question #149
Today's spot value date is the 29th of February. What is the maturity date of a 4-month USD deposit deal today? Assume no bank holidays.
The correct answer is B. Friday 28th June. See the full explanation below for the reasoning.
Question
Today's spot value date is the 29th of February. What is the maturity date of a 4-month USD deposit deal today? Assume no bank holidays.
Options
- AThursday 27th June
- BFriday 28th June
- CSaturday 29th June
- DMonday 1st July
How the community answered
(59 responses)- A3% (2)
- B71% (42)
- C7% (4)
- D19% (11)
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