NO.PZ2020042003000038
问题如下:
The following statements are about means to
mitigate the risk of a run by short-term creditors for dealer banks, which of the following statements is NOT correct?
选项:
A. A dealer bank can mitigate
the risk of a loss of liquidity through a run by short-term creditors by establishing
lines of bank credit
A dealer bank can mitigate the risk of a loss of liquidity through a run by short-term creditors by dedicating a buffer stock of cash and liquid securities for emergency liquidity needs.
C. A dealer bank can mitigate the risk of a loss
of liquidity through a run by short-term creditors by Laddering the maturities of its liabilities so that only a small
fraction of its debt needs to be refinanced within a short period of time.
Dealer banks cannot have access to secured financing from central bank
facilities, thus it cannot help dealer banks to mitigate the risk of a run by
short-term creditors.
解释:
考点:对The Failure Mechanics of Dealer Banks的理解
答案:D选项表述错误,本题选D
解析:
Dealer bank可以通过从央行获得流动性。
Dealer bank可以通过以下4种方式缓解流动性危机:
1、Establishing
lines of bank credit.
2、Dedicating a
buffer stock of cash and liquid securities for emergency liquidity needs.
3、Laddering the
maturities of its liabilities so that only a small fraction of its debt needs
to be refinanced within a short period of time.
4、Dealer banks may
have access to secured financing from central bank facilities.
A选项是什么意思,是DealerBank可以向其他银行申请CreditLine吗?