ACI
3I0-013 · Question #244
If an overnight EUR/USD FX swap is traded on Tuesday, 19 June, and there are no currency holidays during the week of June 18 - 22, what would be the value dates of the two swap legs?
The correct answer is A. 18 June against 19 June. See the full explanation below for the reasoning.
Question
If an overnight EUR/USD FX swap is traded on Tuesday, 19 June, and there are no currency holidays during the week of June 18 - 22, what would be the value dates of the two swap legs?
Options
- A18 June against 19 June
- B19 June against 20 June
- C20 June against 21 June
- D21 June against 22 June
How the community answered
(48 responses)- A79% (38)
- B13% (6)
- C6% (3)
- D2% (1)
Community Discussion
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