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NEW QUESTION: 1
What is the rate of interest paid by the European Central Bank on cash amounts exceeding the minimum reserve requirement (excess reserves)?
A. EONIA -10 basis points
B. EONIA flat
C. EONIA - 5 basis points
D. 0%
Answer: A

NEW QUESTION: 2
In a plain vanilla interest rate swap, the "fixed-rate payer":
A. has established the price sensitivities of a longer-term fixed-rate asset and a floating-rate liability
B. receives fixed in the swap
C. pays floating in the swap
D. has established the price sensitivities of a longer-term fixed-rate liability and a floating-rate asset
Answer: D

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