NO.PZ2020042003000056
问题如下：
Which of the following statements aboutliquidity option is NOT correct?
选项：
A.
liquidity option is the rightof a holder to receive cash from, or to give cash to, the bank at predefinedtimes and terms.
B.
Standard options areexercised when there is a profit. A liquidity option is exercised because ofthe cash flows produced after exercise.
C.
Exercising a liquidity option can only causecash flows from bank to the clients.
D.
Examples of liquidity option include: thecommitted credit line a bank offers and the sight and saving deposits.
解释：
考点：对Liquidity Options的理解
答案：C
解析：
选项C错误，Liquidityoption产生的现金流既有可能是从银行到客户，也有可能是从客户到银行。
当客户“行权”时，例如当客户提前还款时，现金流是从客户手里到银行。
银行给客户授予一定额度的committed credit lines，当客户“行权”时，可从银行提取贷款。因为Liquidity option的行权，存在两个方向的现金流。
如题 可否通俗解释一下liquidity option的含义
