3I0-013 Exam Questions

What information is not explicitly confirmed between the two counterparties of a FX swap transaction using a MT 300?

Which of the following statements apply to an FX Swap?

Which interest rates are used to calculate the exchange rate of an outright transaction value tomorrow (over tom)?

Your FX swap dealer sold and bought 2 months USD/CHF 10,000,000.00; rates were set to 0.9300 against 0.9285. What payment is your bank expecting in two months from now?

A month ago, a customer placed NZD 100,000.00 at 2.00% on a time deposit for 90 days. Today, 30 days later, he requests an anticipated close of his deposit. 2 and 3 month interbank...

If the 90-day rate is 3.10% and the 180-day is 3.50%, what is the 120-day rate using straight-line interpolation?

Which of the following are considered money market, cash or derivative instruments?

On Friday, your trader lends GBP 10,000,000.00 overnight at 0.60%. The instructions are for repayment of principal + interest. How much would you expect to be repaid?

A Certificate of Deposit (CD) was issued at 2.50% which you now purchase at 1.75%. What would youexpect to pay?

Internationally, USD FRAs are settled with reference to which market rate?

An interest rate CAP can be defined as:

As to futures contracts:

Which of these statements is correct?

You bought a 6x9 EUR 8,000,000.00 FRA at 0.75%. Settlement is now due and 3 months (90 days) EURIBOR is 0.25%. What amount do you pay or receive?

What deals are usually associated with a collar?

Which of the following is trueabout interest rate swaps (IRS)?

When is the settlement amount of a FRA normally payable?

What financial product involves exchanging a fixed interest rate for a floating interest rate?

What is a junk bond?

In a scenario where long-term interest rates are higher than short-term interest rates, the yield curve would best be described as:

A USD1,0000,000.00US Treasury Bill (91 days) is offered at a discount rate of 0.75%. The offer price will be:

Major amendments to a prospectus can be made:

Which of the following are primary markets?

In trade confirmation, which one of the following statements about"matching"is correct?

Which interest rate is to be applied in the calculation methodology for back-valuations in EUR?

In FX trading a"third party beneficiary"is best described as:

How frequently should business contingency procedures be tested and updated?

Which of the following types of institutions do not generally make up the"buy side"?

Which of the following is the best description of a broken trade"?

The "centralized collateral management service" offers which of the following services for its clients?

Which of the following institutions is a cross-border clearing house?

What needs to be done in the event that a trade is amended by one or both parties?

Which one of the following statements regarding the segregation of duties in the confirmation process is incorrect?

Which clearing system allows a transfer to be settled with immediate finality?

In the Euro deposit markets, what is spot?

What is the deadline for settling interbank spot-deals in EUR via the TARGET2 system?

According to ISDA definitions, if an USD IRS payment is due value Saturday, 31 May and the documentation states that the"modified following business day convention"will be used, wh...

Which one of the following excerpts completes this statement of a best market practice? Any exception to the confirmation process should be resolved?

Theorganization"SWIFT"belongs to:

Which of the following steps is typical for an interbank FX trade process flow?

Which SWIFT message type family is used for securities transactions?

If the back office staff receive a trade that is incomplete, which information is absolutely essential for processing the trade?

The trade life cycle of a treasury deal starts with input and ends with:

When would you use a SWIFT message type 103?

Why are confirmations necessary?

The prompt sending and checking of confirmations is considered a best practice when dealing in:

What payment system has to be used for all payments involving the Eurosystem?

With respect to financial payments, what does"bridge"mean?

When is the general cut-off time for interbank payments using TARGET2?

Which two countries are not participating in TARGET2?