- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 43. Fixed-Income Markets: Issuance, Trading, and Funding
- Subject 6. Short-Term Funding Alternatives Available to Banks
CFA Practice Question
The repo amount is usually ______ the market value of the collateral.
A. lower than
B. equal to
C. higher than
Explanation: The difference between the repo amount and the market value is known as the repo margin.
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