ACI
3I0-012 · Question #736
Which of the following is a Eurocurrency deposit?
The correct answer is C. A 3-month deposit of USD 10,000,000.00 offered by a US bank in London. See the full explanation below for the reasoning.
Question
Which of the following is a Eurocurrency deposit?
Options
- AA 3-month deposit of USD 10,000,000.00 offered by a US bank in New York
- BA 3-month deposit of USD 10,000,000.00 offered by the US branch of a UK bank in New York
- CA 3-month deposit of USD 10,000,000.00 offered by a US bank in London
- DA 3-month deposit of GBP 10,000,000.00 offered by the UK branch of a US bank in London
How the community answered
(31 responses)- A3% (1)
- B3% (1)
- C84% (26)
- D10% (3)
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