ACI
3I0-012 · Question #67
You request use of funds from your agent bank for 1 day on an amount of EUR 100,000,000.00, EONIA was 0.812% and the ECB deposit facility rate is 0.50%. What use of funds settlement amount should…
The correct answer is B. EUR 1,561.11. See the full explanation below for the reasoning.
Question
You request use of funds from your agent bank for 1 day on an amount of EUR 100,000,000.00, EONIA was 0.812% and the ECB deposit facility rate is 0.50%. What use of funds settlement amount should you expect?
Options
- AEUR 1,388,89
- BEUR 1,561.11
- CEUR 2,255.56
- DEUR 2,951.39
How the community answered
(35 responses)- A11% (4)
- B80% (28)
- C6% (2)
- D3% (1)
Community Discussion
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