NO.PZ2020042003000115
问题如下:
When managing on-balance sheet funding liquidityrisk, the zero cost of funds approach take liquidity as a free good. Thefollowing statements are about the zero cost of funds approach, which of thefollowing is NOT correct?
选项:
A.
A zero charge for the cost ofliquidity and a zero credit for the benefit of liquidity exacerbated maturity transformation to thelargest degree possible.
B.
This approach resulted in thehoarding of short-term highly liquid assets.
C.
As the funding conditions so easy, banksviewed spreads as pure credit risk adjustments and ignored funding liquidityrisk altogether, thus the bank use the zero-cost approach.
D.
Itis a poor practice identified that some banks failed to account for the costs,benefits and risks of liquidity in their business activities.
解释:
考点:对LTP in Practice: Managing On-BalanceSheet Funding Liquidity Risk的理解
答案:B
解析:
选项B错误,关于B选项的正确表述为:
This approach resulted in the hoarding oflong-term highly illiquid assets, and very few long-term stable liabilities tomeet funding demands as they became due.
能解释一下d选项吗能解释一下d选项吗