ACI

3I0-013 · Question #289

Which interest rate should be applied in calculating use of funds requests in EUR?

The correct answer is C. The average of each day's EONIA rate minus 25 b,p. See the full explanation below for the reasoning.

Question

Which interest rate should be applied in calculating use of funds requests in EUR?

Options

AThe flat ECB deposit facility rate
BThe ECB deposit facility rate minus 25 b.p.
CThe average of each day's EONIA rate minus 25 b,p,
DThe average of each day's EONIA rate minus 25 b.p.

How the community answered

(57 responses)

A
7% (4)
B
4% (2)
C
75% (43)
D
14% (8)

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