ACI Dealing Certificate 3I0-012 Question # 311 Topic 9 Discussion

ACI Dealing Certificate 3I0-012 Question # 311 Topic 9 Discussion

3I0-012 Exam Topic 9 Question 311 Discussion:
Question #: 311
Topic #: 9

The “spot basis” of a 2 against 4 months EUR/USD forward/forward swap is:


A.

usually the current spot EUR/USD mid-market rate


B.

commonly the prevailing 4-month forward EUR/USD mid-rate


C.

always the forward EUR/USD bid rate of the first swap leg


D.

generally the prevailing 2-month forward EUR/USD mid-rate


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