PRMIA Exam 8006 Topic 8 Question 29 Discussion

Actual exam question for PRMIA's Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition exam

Question #: 29
Topic #: 8

[All Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition Questions]

Euro-dollar deposits refer to

AA deposit denominated in the ECU

BA US dollar deposit outside the US

CA Euro deposit convertible into dollars upon maturity

DA Euro deposit in the USA

Show Suggested Answer

Suggested Answer: B

Eurodollar deposits refer to US dollar denominated deposits outside the US, for example in a banking center such as London, and held by a non-US bank or a foreign branch of a US bank. Choice 'b' is the correct answer.

by Zona at May 04, 2022, 08:07 AM

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