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410140980 · 2023年07月31日

liquidity use or source

NO.PZ2020042003000042

问题如下:

The followings are about uses of intraday liquidity, which of the statements is NOT correct?

选项:

A.

Outgoing wire transfers is the largest use of intraday liquidity

B.

Most PCS (payment, clearing, and settlement systems) systems have one settlement per day, with many occurring in the late afternoon. Most PCS can only serve as use of funds.

C.

Acquiring additional collateral to support an increasing liability (margin call) is a frequent use of intraday funding.

D.

On any given day, the nostro account funding position may act as a source or use of funds to the bank's overall liquidity profile, depending on the net position of the activity.

解释:

考点:对Uses and Sources of Intraday Liquidity的理解

答案:选项B描述错误,本题选B

解析:

B选项前半句描述正确,绝大多数PCS systems每日只有一次SettlementMost PCS systems have one settlement per day, with many occurring in the late afternoon.

但是后半句描述错误,根据PCS净头寸的不同,他即可能充当Source of funds也可能是use of funds

B选项的后半句改为正确的语句为:

PCS may serve as either a source or use of funds depending on the net position of a participant on any given day.

老师这道题我对照了强化班框架图的讲义,我看这个nostro account和PCS也只是属于use啊,source这边没有这两个呀,所以怎么判断intraday liquidity

2 个答案

品职答疑小助手雍 · 2023年08月01日

是的

品职答疑小助手雍 · 2023年07月31日

同学你好,基础班讲义150页下面的红字写了既是use也是source的啊。其实这settlement就是看你赚钱还是亏钱,去区分是source还是use。

强化班sources的第二行涵盖了这个PCS settlment

410140980 · 2023年08月01日

老师如果赚钱的话就是source,亏钱就是use吧?那nostro account也应该是同理即可以是source(跨国银行的账户上的钱比最低限额多了可以拿出来用)也可以是use(低于最低水平要补足)吧?

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