ou are a prop trader from PNB. Your counterparty banks quotes the ff: BPI at USD/PHP 50.20 – 50.25 while UBP is quoting 50.27 – 50.32. You can do an “arb” by: Buy the USD from BPI at 50.25 and sell the USD to UBP at 50.27 Buy the USD from BPI at 50.20 and sell the USD to UBP at 50.27 Buy the USD from BPI at 50.25 and sell the USD to UBP at 50.32
You are a prop trader from PNB. Your counterparty banks quotes the ff: BPI at USD/PHP 50.20 – 50.25 while UBP is quoting 50.27 – 50.32. You can do an “arb” by:
- Buy the USD from BPI at 50.25 and sell the USD to UBP at 50.27
- Buy the USD from BPI at 50.20 and sell the USD to UBP at 50.27
- Buy the USD from BPI at 50.25 and sell the USD to UBP at 50.32
UBP is transacting with MBTC as the quoting party. UBP is trying to sell 50MM pesos worth of FXTN 20-21. At what rate can MBTC buy the said GS given quote of: 6.050% - 5.985%?
- MBTC buys at 6.050
- UBP sells at 5.985
- MBTC buys at 5.985
- Either B or C
- A t the end of the day, Ralph, a dollar liquidity manager, has excess funds of $10MM. Ralph can lend to the following counterparties with their respective bid-offer quotations applicable for O/N or 1 week: BDO: 0.07% - 0.11% BPI: 0.09% - 0.10% UCPB: 0.06% - 0.12%. To which counterparty and at what rate will Ralph lend assuming there is no lending limit?
- Lend to UCPB at 0.06%
- Lend to UCPB at 0.12%
- Lend to BDO at 0.11%
- Lend to BPI at 0.09%
At the end of the day, Ben, a dollar liquidity manager, is short of $10MM. Ben can borrow from the following counterparties with their respective bid-offer quotations applicable for O/N or 1 week: BDO: 0.06% - 0.11% BPI: 0.09% - 0.10% UCPB: 0.07% - 0.12%. To which counterparty and at what rate will Ben borrow?
-
- Borrow from UCPB at 0.12%
- Borrow from BPI at 0.09%
- Borrow from BPI at 0.10%
- Borrow from BDO at 0.06%
If the Bank has Php 13B of Peso Savings deposits, Php 25B of Peso Demand deposits, Php 50B in Peso Time Deposits, and 6B worth of dollar deposits, how much must the bank set aside to comply with the local reserve requirement of 12%?
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- 11.28B
- 10.56B
- 783.33B
- 733.33B
- Which of the following has no periodic cash flows?
- Retail Treasury Bonds
- Treasury Bills
- Fixed-Rate Treasury Notes
- ROP
You are the treasury department of a bank and your client has excess British Pound. If he wants to sell GBP to you, what will be your GBP buying rate if you want 8 pips spread assuming the inter-bank market quote is GBP/USD 1.865-995?
-
-
- 2.003
- 1.857
- 1.987
- 1.873
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