ACI Dealing Certificate 3I0-012 Question # 297 Topic 8 Discussion

ACI Dealing Certificate 3I0-012 Question # 297 Topic 8 Discussion

3I0-012 Exam Topic 8 Question 297 Discussion:
Question #: 297
Topic #: 8

An Overnight Indexed Swap (OIS) is:


A.

A fixed-floating money market swap in which the floating rate is an overnight index fixed periodically over the term of the swap


B.

A fixed-floating money market swap in which the floating rate is the mean of the overnight index over the term of the swap


C.

A fixed-floating money market swap in which the floating rate is an overnight index compounded daily


D.

A floating-for-floating rate swap in different currencies in which both floating rates are overnight indexes compounded daily


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