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WorksheetsTREASURY PRODUCT
Total questions: 17
Worksheet time: 6mins
In the option below Treasury Offerings would be classified into
Foreign Exchanges, Money market & Fixed income securities
Bonds and T-Bills
PTA/BTA & inter-bank deposits
The following are examples of Money Market products except
PTA/BTA
Bonds
Repos
Bid day for Treasury bills in primary auction are?
Wednesday and Friday except weekend
Wednesday and settlement day Thursdays except event of public holidays
Thursday and Fridays except in the event of a public holiday.
A bond is a long-term debt instrument issued by
An Individual as evidence of “promise to pay”
By the board to influence the supply of money
By an entity as evidence of a “promise to pay”
The minimum investment amount for Local currency denominated bonds from the Primary auction
N50,000,000.00
N200,000,000
N100,000,000
A commercial paper is defined as
a short-term promissory note issued by a corporation
A long- term indemnity form issued by a corporation
a short-term regulation paper for sales.
the acronym STINT mean?
SunTrust Investment Note
SunTrust Interest Numbers
SunTrust Interface.
The STINT product pre-termination attracts what percentage of cost on accruals/Interest earned.
35%
25%
15%
Minimum Investment on STINT is at least____________
N5,000,000
N1,000,000
N3,000,000
A few factors affecting price of Bond are?
Money supply/Inflation, Demand for credit , capital flows
Customer taste , inflation and market price
CBN policies , Technology and customer preferences
What is a Standby letter of credit?
guarantee of payment by a bank on behalf of their client
A letter that covers staff credit
a letter of affidavit for the staff
Can a Bank Guarantee be issued for services and goods such as commodities?
Yes
NO
How many Times can a Letter of Credit be amended?
A limit of 3
Till credits are not accessible
Unlimited
Bills for collection would be defined as a _________________
Offering in dollars
pieces of paper for offering
a payment mode for imports and exports
The following are parties to Bill for collection except
Offering in dollars
pieces of paper for offering
a payment mode for imports and exports
The following are parties to Bill for collection except
Principal, Remitting Bank and collecting Bank
Payee , Drawee & Government agencies
Government agencies, Confirm staff & payee.
Revocable letters of credit can be modified or cancelled by ___________
issuing bank
Confirming bank
Beneficiaries.
