开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

LHY · 2020年08月15日

问一道题:NO.PZ2020042003000022 [ FRM II ]

问题如下:

Which of the following statement aboutrepurchase agreements is NOT correct?

选项:

A.

The purchases price forsettlement is the original invoice price plus interest at the repo rate (impliedinterest) on the transaction.

B.

Lenders may initiate thereverse repo to borrow a bond and make profit through taking short positions.

C.

Only securities of thehighest credit quality are typically accepted as collateral, and repoagreements often need haircuts.

D.

Reposare less stable than unsecured short-term borrowings because of high qualitycollateral.

解释:

考点:对Repurchase Agreements的理解

答案:D选项错误,本题选D

解析:

D选项描述错误,正确的表述为:Reposare more stable than unsecured short-term borrowings because of high qualitycollateral.

为什么A里面要用implied interest呢 费用不就是报价约定的interest,没有用啥市场价格倒推出来这个利息啊

1 个答案
已采纳答案

小刘_品职助教 · 2020年08月16日

同学你好,

因为在期初谈价格的时候,会直接约定期末购回的价格,这个时候利率就变成了implied interest,是根据期末购回价格和期初价格之间推算出来的。

  • 1

    回答
  • 0

    关注
  • 315

    浏览
相关问题

NO.PZ2020042003000022 问题如下 Whiof the following statement aboutrepurchase agreements is NOT correct? The purchases priforsettlement is the origininvoipriplus interest the repo rate (implienterest) on the transaction. Lenrs minitiate thereverse repo to borrow a bonanmake profit through taking short positions. Only securities of thehighest cret quality are typically acceptecollateral, anrepoagreements often neehaircuts. Reposare less stable thunsecureshort-term borrowings because of high qualitycollateral. 考点对Repurchase Agreements的理解答案误,本题选析述错误,正确的表述为Reposare more stable thunsecureshort-term borrowings because of high qualitycollateral. A不应该repurchaseprice的定义吗

2024-03-21 22:16 1 · 回答

NO.PZ2020042003000022 问题如下 Whiof the following statement aboutrepurchase agreements is NOT correct? The purchases priforsettlement is the origininvoipriplus interest the repo rate (implienterest) on the transaction. Lenrs minitiate thereverse repo to borrow a bonanmake profit through taking short positions. Only securities of thehighest cret quality are typically acceptecollateral, anrepoagreements often neehaircuts. Reposare less stable thunsecureshort-term borrowings because of high qualitycollateral. 考点对Repurchase Agreements的理解答案误,本题选析述错误,正确的表述为Reposare more stable thunsecureshort-term borrowings because of high qualitycollateral. 老师您好,题目我能做对,但是B很怪我作为lenr,是拿到bon的 coupon的一方吗。如果是的话,那我是不是相当于long了这个bond

2023-05-01 16:12 1 · 回答

NO.PZ2020042003000022 问题如下 Whiof the following statement aboutrepurchase agreements is NOT correct? The purchases priforsettlement is the origininvoipriplus interest the repo rate (implienterest) on the transaction. Lenrs minitiate thereverse repo to borrow a bonanmake profit through taking short positions. Only securities of thehighest cret quality are typically acceptecollateral, anrepoagreements often neehaircuts. Reposare less stable thunsecureshort-term borrowings because of high qualitycollateral. 考点对Repurchase Agreements的理解答案误,本题选析述错误,正确的表述为Reposare more stable thunsecureshort-term borrowings because of high qualitycollateral. 强化班讲义说repo就是less stable. 什么错?less stable是说交易体量不稳定,可能这一期做了,下一期就不做了,对么?

2022-08-05 20:48 1 · 回答

NO.PZ2020042003000022 问题如下 Whiof the following statement aboutrepurchase agreements is NOT correct? The purchases priforsettlement is the origininvoipriplus interest the repo rate (implienterest) on the transaction. Lenrs minitiate thereverse repo to borrow a bonanmake profit through taking short positions. Only securities of thehighest cret quality are typically acceptecollateral, anrepoagreements often neehaircuts. Reposare less stable thunsecureshort-term borrowings because of high qualitycollateral. 考点对Repurchase Agreements的理解答案误,本题选析述错误,正确的表述为Reposare more stable thunsecureshort-term borrowings because of high qualitycollateral. 对于lenr应该是long bon不是short bon?B是不是说反了?

2022-08-05 20:45 1 · 回答

NO.PZ2020042003000022 1.一般repo的hair cut是多少呢 2.有不进行hair cut的repo吗

2021-05-03 21:18 2 · 回答