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金融民工阿聪 · 2020年10月25日

问一道题:NO.PZ2020042003000024

问题如下:

Which of the following statement about repurchase agreements is NOT correct?

选项:

A.

Repurchase agreements or repos are matched pairs of the spot sale and forward repurchase of a security.

B.

The forward repurchase price of the security is determined at the end of the agreement.

C.

Repo investments pay a short-term rate without sacrificing much liquidity or incurring significant default risk.

D.

In some cases, the repo agreements may also request a margin call from borrowers. When collateral declines in value, additional collateral is needed, when market outperforms, excess collateral can be withdrawn.

解释:

考点:对Repurchase Agreements的理解

答案:选项B描述错误,本题选B

解析:

B选项错误,在Repos中,未来的Repurchase price在期初就已约定好:Both the spot

and forward price are agreed now, and the difference between them implies an interest rate.

D里面这个抵押品不能撤回吧?

1 个答案

小刘_品职助教 · 2020年10月25日

同学你好,

repo中抵押品撤回很少见,但是也会有,是指超出的部分可以撤回,基础班讲义71页,最后一条。