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FRM二级
包含FRM二级传统在线课程、通关课程及试题相关提问答疑;
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All of the following could help to reduce the credit exposure on a set of derivative transactions except: A daily mark-to-market of transactions B netting agreements with the counterparty C collateral and other credit enhancements D early termination agreements 老师,您好,我错选了C,因为haircut越大,exposure越小,那么信用增级了,haircut变小了,exposure变大了,哪里理解的不对。 另外,D选项,我们之前的break clause 是减小敞口的一种技术,D说的不就是这个技术吗?
查看试题 已回答Bank A, which is AAA rated, trades a 5-year interest rate swap (semi-annual payments) with Bank B, which is rated BBB. Because of Bank B's poor credit rating, Bank A is concerned about the 5-year exposure it is going to run because of the swap deal. Which of the following measures help mitigate Bank A's credit exposure to Bank B? Ⅰ.Negotiate a CSA with Bank B and efficiently manage the collateral management system Ⅱ.Execute the swap deal as a reset swap wherein the swap will be marked to market every six months Ⅲ.Execute the swap deal with a break clause in the third year Ⅳ.Decrease the frequency of coupon payments from semi-annual to annual 老师,是A付coupon给B吧?那减少付款频率,不是降低exposure,为什么第四个不对呢
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