问题如下:
FMUs use several tools to monitor and manage
intraday exposures and to assist their participants with their own intraday
liquidity risk management. Which of the following statements is NOT correct?
选项:
A.
Transaction netting (bilateral and
multilateral) and net credit caps are ways to reduce the overall operating
liquidity required by the system. Essentially increase transaction throughput
for a given amount of liquidity.
Credit
lines from both commercial banks and central banks can be used under
business-as-usual conditions
By having individual
settlement times for specific asset classes or currencies, some FMUs have
staggered multiple settlement windows throughout the day to reduce intraday
liquidity risk.
Cash (securities) collateral is a key
component for FMU risk management
解释:
考点:对FMU Tools to Manage Intraday Settlement
Risk的理解
答案:B
解析:
对于FMU来说,C选项描述的Credit lines from both commercial banks and central banks 属于Contingent Liquidity ,一般不会用于日常,会在紧急情况下使用。
Credit lines from both commercial banks and
central banks are not used under business-as-usual conditions and are only
maintained for emergencies.
为什么紧急时候才使用B?