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ICMA SOFQ Dumps

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Total 50 questions
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Securities Operations Foundation Qualification (SOFQ) Questions and Answers

Question 1

The number of days of accrued interest, and the cash value of accrued interest - on a trade of USD 45,000,000 World Bank 4.37% Bonds 1st December 2032, paying interest semi-annually on 1st December and Ist June, trade date 22~d October, value date 25tl October, is:

Options:

A.

144 days and USD 786,600.00

B.

174 days and USD 950,475.00

C.

141 days and USD 770,212.50

D.

171 days and USD 934,087-50

Question 2

Internal trading systems typically do not:

Options:

A.

Reflect the firm's settled positions at CSDs/custodians

B.

Have the capability to capture new trades

C.

Hold the firm's current trading positions

D.

Have the capability to amend and cancel trades

Question 3

The number of days of accrued interest, and the cash value of accrued interest - on a trade of GBP 30,500,000 Barclays Bank GBP Floating Rate Notes November 2028, paying interest quarterly - the current coupon rate is 3.7162% for the period 21s' November to November 21s' February, trade date 3rd February, value date 5th February, is:

Options:

A.

45 days and GBP 139,739.30

B.

76 days and GBP 236,004.15

C.

107 days and GBP 336,883.85

D.

45 days and GBP 141,680.12

Question 4

Bond types that are traded at a deeply discounted price are:

Options:

A.

Floating rate notes

B.

Zero coupon bonds

C.

Convertible bonds and Exchangeable bonds

D.

Fixed rate bonds

Question 5

The ISIN stands for:

Options:

A.

International Securities Identification Number; a 13-character alpha-numeric code

B.

International Secondary ID Notation; a 13-character alpha-numeric code

C.

International Securities Identification Number; a 12-character alpha-numeric code

D.

International Secondary ID Notation; a 12-character alpha-numeric code

Question 6

The International Monetary Fund is an example of:

Options:

A.

A supranational organisation

B.

A sovereign wealth fund

C.

An investment bank

D.

A securities market regulator

Question 7

'ISO' stands for:

Options:

A.

Invention of Standards for Organisations

B.

Intercontinental Symposium of Organisations

C.

International Organisation for Standardisation

D.

Intraterritorial Organisation of Securities

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Total 50 questions
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