ACI
3I0-013 · Question #241
Your agent bank accepts your back-valuation request for 1 day on an amount of EUR 75,000,000.00. EONIA is 1.312% and the ECB marginal lending facility rate is 1.50%. Applying conventional…
The correct answer is C. EUR 3,125.00. See the full explanation below for the reasoning.
Question
Your agent bank accepts your back-valuation request for 1 day on an amount of EUR 75,000,000.00. EONIA is 1.312% and the ECB marginal lending facility rate is 1.50%. Applying conventional administration fees, how much will this be charged?
Options
- AEUR 3,354.17
- BEUR 3,225.00
- CEUR 3,125.00
- DEUR 2,833.33
How the community answered
(29 responses)- A7% (2)
- B3% (1)
- C72% (21)
- D17% (5)
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