A 6-month (182-day) investment of CAD 15,500,000.00 yields a return of CAD 100,000.00.

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A 6-month (182-day) investment of CAD 15,500,000.00 yields a return of CAD 100,000.00.
What is the rate of return?
A. 1.32%
B. 1.29%
C. 1.28%
D. 0.65%

Answer : C



It is June. You are over-borrowed from October to January on your deposit book. How would you hedge using FRAs?
A. Sell 3x6
B. Buy 3x6
C. Sell 4x7
D. Buy 4x7

Answer : C



What happens if an instruction remains unmatched and/or unsettled through CLS Bank?
A. If there is more than one FX trade with a single counterparty to settle in the identical currencies, then both sides should bilaterally agree to settle the trades outside of CLS Bank on a net basis.
B. If there is only one FX trade with a single counterparty to settle in the identical currencies, then either side can unilaterally decide to settle the trade outside of CLS Bank on a net basis.
C. If there is more than one FX trade with a single counterparty to settle in the identical currencies, then both sides should bilaterally agree to settle the trade outside CLS Bank on a gross basis.
D. If there is more than one FX trade with a single counterparty to settle in the identical currencies, then either side can unilaterally instruct the CLS Bank to settle the trades.

Answer : C



If spot GBP/CHF is quoted 1.4275-80 and the 3-month forward outright is 1.4254-61, what are the forward points?
A. 19/21
B. 2.1/1.9
C. 21/19
D. 0.21/0.19

Answer : C



Under Basel rules the risk weight for claims on unrated sovereigns and their cennl banks in the standardized approach is:
A. 75%
B. 100%
C. 150%
D. 350%


Answer : D