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3I0-012 Exam Dumps : ACI Dealing Certificate

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ACI Dealing Certificate Questions and Answers

Question 1

How is a USD Overnight Indexed Swap (OIS) settled?

Options:

A.

Periodic exchange of fixed and floating payments up to and including maturity

B.

At maturity by net payment

C.

After maturity by exchange of fixed and floating payments

D.

Two days after maturity by net payment

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Question 2

Which of the following are quoted in terms of a discount rate?

Options:

A.

USTreasury bill

B.

CD

C.

Interbank deposit

D.

ECP

Question 3

You request use of funds from your agent bank for 1 day on an amount of EUR 100,000,000.00, EONIA was 0.812% and the ECB deposit facility rate is 0.50%. What use of funds settlement amount should you expect?

Options:

A.

EUR 1,388,89

B.

EUR 1,561.11

C.

EUR 2,255.56

D.

EUR 2,951.39