A. $10 million or more
B. $20 million or more
C. $25 million or more
D. $15 million or more
Related Mcqs:
- The repurchase agreements having maturity of longer term have denominations of ____________?
A. $40 million
B. $10 million
C. $20 million
D. $30 million - The operating tool used by Federal Reserve to influence the supply of bank to control demand and supply of repurchase agreements is classified as ____________?
A. selling window
B. buying window
C. premium window
D. discount window - The repurchase agreements usually called repos, can be traded _____________?
A. directly
B. with brokers or dealers
C. functional buyers
D. both A and B - The repurchase price is subtracted from selling price, divided by selling price and multiplied to 360 by number of days, Up to maturity to calculate _____________?
A. repurchase agreement yields
B. purchase agreement yields
C. repurchase yields
D. transaction yields - The selling price is added in to repurchase agreement paid interest to calculate ____________?
A. direct price of security
B. repurchase price of securities
C. purchase price of security
D. transaction price of security - The banks that deals with reciprocal agreements and accounts are considered as ____________?
A. correspondent banks
B. non-correspondent banks
C. reciprocal transactions
D. functional banks - The agreement which incurs the transaction between two parties and promise held that second party will repurchase security at specific price is classified as ___________?
A. repurchasing commercial notes
B. repurchase bills
C. repurchase agreement
D. reverse repurchase agreement - The negotiable certificate of deposit with one year maturity pays the interest ____________?
A. annually
B. semiannually
C. monthly
D. every two weeks - The deposit issued by bank are usually negotiable and have specific maturity date and interest rate, hence it is classified as _____________?
A. indirect certificate
B. direct certificate
C. negotiable certificate
D. deposit certificate - If the 175 days T-bill have the maturity of one year with the value of $8000 and face value is $10000 then reported discount yield is _____________?
A. 0.525
B. 0.4114
C. 0.4214
D. 0.4514
