The One-Month (31-Day) GC Repo Rate for French Government Bonds

question 44

Multiple Choice

The one-month (31-day) GC repo rate for French government bonds is quoted to you at 3.75- 80%. As collateral, you are offered EUR 25,000,000.00 nominal of the 5.5% OAT April 2012, which is worth EUR 28,137,500.00. The Repurchase Price is:

• A) EUR 28,228,360.69
• B) EUR 28,229,572.15
• C) EUR 25,080,729.18
• D) EUR 25,081,805.55

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