ACI-Operations Certificate Set 10

What is the maximum term London Certificates of Deposit are issued?

Commercial Paper for USD 5 million was issued at 5%, which you now buy to yield 3 3/4%. What would you expect to pay?

On the sale of a CD, the seller

Which of the following is considered a non-negotiable instrument?

You buy a 90-day Treasury Bill with a true yield of 3.91%. The face amount is USD 10,000,000.00. What would you expect to pay?

If the interest earned on a EUR deposit of 10,000,000.00 for 60 days is EUR 83,333.33, what was the interest rate?

The standard benchmark measure used for the cost of funds in the London Market is:

You borrow GBP 2,500,000.00 at 6 5/8% for 165 days. How much do you have to repay, including interest?

Today is Friday, 28 July. Considering that there is a bank holiday in Switzerland on Tuesday, 1 August, what is the value date of a money market deal in CHF?

If todays spot date were Friday, 27 February, what would the normal one-month deposit maturity date be? (Assume there are no bank holidays)