ACI
3I0-012 · Question #540
The one-month (31-day) GC repo rate for French government bonds is quoted to you at 3.75- 80%. As collateral, you are offered EUR25 million nominal of the 5.5% OAT April 2006, which is worth EUR…
The correct answer is D. EUR 27,948,871.97. See the full explanation below for the reasoning.
Question
The one-month (31-day) GC repo rate for French government bonds is quoted to you at 3.75- 80%. As collateral, you are offered EUR25 million nominal of the 5.5% OAT April 2006, which is worth EUR 28,137,500. If you impose an initial margin of 1%, the Repurchase Price is:
Options
- AEUR 27,947,276.43
- BEUR 27,946,077.08
- CEUR 27,950,071.43
- DEUR 27,948,871.97
How the community answered
(17 responses)- A18% (3)
- B6% (1)
- C6% (1)
- D71% (12)
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