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ACI

3I0-012 · Question #523

When performing a gap analysis, into which of the following time buckets should a 5-year floating- rate note with a 6-month LIBOR coupon be slotted?

The correct answer is A. the 6-month bucket. See the full explanation below for the reasoning.

Question

When performing a gap analysis, into which of the following time buckets should a 5-year floating- rate note with a 6-month LIBOR coupon be slotted?

Options

  • Athe 6-month bucket
  • Bthe 2.5-year bucket
  • Cthe 5-year bucket
  • DIt should be weighted and apportioned in each of the time buckets in accord with the periodic coupon payments.

How the community answered

(30 responses)
  • A
    80% (24)
  • B
    3% (1)
  • C
    7% (2)
  • D
    10% (3)

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