ACI
3I0-012 · Question #692
If a 6-month AUD/NZD swap is quoted 173/165, which of the following statements would you consider to be correct?
The correct answer is A. 6-month AUD rates are higher than 6-month NZD rates. See the full explanation below for the reasoning.
Question
If a 6-month AUD/NZD swap is quoted 173/165, which of the following statements would you consider to be correct?
Options
- A6-month AUD rates are higher than 6-month NZD rates
- B6-month AUD rates are lower than 6-month NZD rates
- CSpot AUD/NZD will be higher by approximately 170 points in 6 months
- DThe AUD yield curve is positive, whilst the NZD curve is negative
How the community answered
(49 responses)- A73% (36)
- B8% (4)
- C4% (2)
- D14% (7)
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