Free Courses Sale ends Soon, Get It Now
Disclaimer: Copyright infringement not intended.
Context
LIBOR
Understanding LIBOR
Secured Overnight Financing Rate (SOFR)
PRACTICE QUESTION Q. Consider the following statements 1. LIBOR is the global reference rate for unsecured short-term borrowing in the interbank market. 2. Secured Overnight Financing Rate (SOFR) is a secured overnight interest rate. Which of the above statements is/are true? (a) Only 1 (b) Only 2 (c) Both 1 and 2 (d) Neither 1 nor 2 Correct Answer: C- Both 1 and 2 |
© 2024 iasgyan. All right reserved