ACI
3I0-012 · Question #5
The tom/next GC repo rate for German government bonds is quoted to you at 1.75-80%. As collateral, you sell EUR 10,000,000.00 million nominal of the 5.25% Bund July 2012, which is worth EUR…
The correct answer is D. EUR 11,039,767.65. See the full explanation below for the reasoning.
Question
The tom/next GC repo rate for German government bonds is quoted to you at 1.75-80%. As collateral, you sell EUR 10,000,000.00 million nominal of the 5.25% Bund July 2012, which is worth EUR 11,260,000.00. If you have to give an initial margin of 2%, the Repurchase Price is:
Options
- AEUR 11,035,336.41
- BEUR 11,035,351.74
- CEUR 11,039,752.32
- DEUR 11,039,767.65
How the community answered
(35 responses)- A14% (5)
- B9% (3)
- C3% (1)
- D74% (26)
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