ACI Operations Certificate challenging 3I0-013 Question # 192 Topic 8 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 192 Topic 8 Discussion

3I0-013 Exam Topic 8 Question 192 Discussion:
Question #: 192
Topic #: 8

A plain vanilla interest rate swap (IRS) is:


A.

An agreement to exchange one stream of interest payments for another (fixed against floating)


B.

A fixed rate leg in one currency and a fixed rate leg in another currency


C.

Two floating rate legs on different indexes


D.

An agreement to borrow and lend one currency for another at two different value dates


Get Premium 3I0-013 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.