为什么在stress time的时候，GC rate会下降呢？collateral supply减少，不是意味着为了获得抵押品而作出让步么？

Emergency bank 的作用是什麼？offer loan? Or 吸收loss?

最后答案不应该再乘以6年吗？

Ladder policy 是指短期息低，長期高，一級一級的上升嗎？

What is clientele effect? And how is it related to liquidity issue ?

Foreign exchange swap 是只交換息差不換本金嗎？它和cross currency swap 有什麼分別？

什麼是payment throughout? 是銀行的cash expense outflow 嗎？

可否加以說明 what is Negotiable order of withdrawal account? What is the interest very low there?

Small cap stock vs large cap stock: Does it mean that small cap stock has higher risk and hence the yield is higher? Is small cap stock and large cap stock related to the investment factor of “small minus big”??

Q43 b c d 答案也可應用在Bond 嗎？