NO.PZ2020033002000045
问题如下：
AT Bank has reached its credit limit to Benz but Benz is still asking AT Bank for protection in the event a major project Benz is undertaking which may result in some unforeseen liability. Putting settlement risk and assuming option premiums are paid immediately at the time of the transaction aside, which of the following trade by AT bank will not rise its credit exposure to Benz?
选项：
A.Selling a costless collar to Benz
B.Buying an option from Benz
C.Selling an option to Benz
D.None of the above
解释：
C is correct.
考点：Credit exposure
解析：
Selling an option has no credit exposure.
A is incorrect. A collar involves both sale and purchase of an option.
如果是针对AT Bank自身的信用风险敞口来说，买或卖option一样应该都不会增加自己的credit exposure
