ACI-Financial 3I0-012 Reddit Questions

ACI Dealing Certificate Questions and Answers

Question 29

The one-month (31-day) GC repo rate for French government bonds is quoted to you at 3.75- 80%. As collateral, you are offered EUR 25,000,000.00 nominal of the 5.5% OAT April 2012, which is worth EUR 28,137,500.00.

The Repurchase Price is:

Options:

EUR 28,228,360.69

EUR 28,229,572.15

EUR 25,080,729.18

EUR 25,081,805.55

Question 30

From the following AUD rates:

3M AUD (91-day) deposits 2.35%

3x6 AUD (90-day) FRA 2.55%

Calculate the 6-month implied cash rate.

Options:

2.37%

2.46%

2.55%

4.90%

Question 31

What steps will the CFP of the ACI probably not undertake after having been formally notified by one of the parties of a breach of the letter or spirit of the Model Code?

Options:

consult the local ACI national association

bring the matter to the appropriate court of justice

examine the complaint

bring the matter to the attention of the appropriate regulatory body

Question 32

In which type of repo is “double dipping” a risk?

Options:

Delivery repo

HIC repo

To-party repo

“Double dipping” is never a risk in any type of repo

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ACI Dealing Certificate Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce