American Bankers Association Exam CTFA Topic 5 Question 29 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 29
Topic #: 5

[All CTFA Questions]

When securities repurchased under repos commonly have a principal amount that differs from principal amount of the security originally sold under the agreement, is known as:

ASplintering act

BBreakage

CRollover

DNone of the above

Show Suggested Answer

Suggested Answer: B

by Barbra at May 06, 2022, 02:28 AM

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Kimbery

3 days ago

I agree with Louis, because rollover refers to the practice of repurchasing securities with a different principal amount.

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Louis

6 days ago

I think the answer is C) Rollover.

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