Citi Bank in a short position, therefore Citi has done deal on spot a month for Rs 250 million with HBL Other information given below Issue Date 25 Sep 2019 Maturity Date 24 Sep 2020 Trade Date 02 MAR 2020 ( Thursday ) MTM (PKRV) Given last page Repo Rate 8 25 50 Calculate Find First second Price (...

Prices 654X 250000000 1635000000 Amount 2 as88500000 ...

Citi Bank in a short position, therefore Citi has done deal on spot-a-month for Rs 250 million

Fantastic news! We've Found the answer you've been seeking!

Question:

Citi Bank in a short position, therefore Citi has done deal on spot-a-month for Rs 250 million with HBL Other information given below:

Issue Date	25-Sep-2019
Maturity Date	24-Sep-2020
Trade Date	02-MAR-2020 ( Thursday )
MTM (PKRV)	Given last page
Repo Rate	8.25/50

Calculate:
Find First & second Price (P1 & P2) & also in rupees, Deal / Days to Maturity, which bank involve in Repo & Reverse Repo Transaction?

PKRV Rates

0-7days	6.38
8-15days	6.47
16-30days	6.48
31-60days	6.48
61-90days	6.48
91-120days	6.49
121-180days	6.49
181-270days	6.54
271-365days	6.55

Related Book For answer-question

Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

See More Books

Posted Date: Sep 14, 2020 07:30 AM

See More Questions

A commercial bank has $200 million of four-year maturity floating-rate loans yielding the T-bill rate plus 2 percent. These loans are financed with $200 million of four-year maturity fixed-rate...
Calculate the price on its issue date of $100,000 face value, 90-day commercial paper issued by GE Capital Canada if the prevailing market rate of return is 3.932%.
In Problems 1-3, prices p1 and p2 are in dollars and q1 and q2 are numbers of units. 1. The demand functions for two products are given by q1 = 300 - 8p1 - 4p2 q2 = 400 - 5p1 - 10p2 Find the demand...
Data on the length, in seconds, of a sample of 50 songs by The Beatles are presented in the accompanying data table. Complete parts (a) through (d) below. Click the icon to view the table of song...
An ideal Rankine steam cycle modified with two closed feedwater heaters and one open feedwater heater is shown below. The power cycle receives 100 kg/s of steam at the high pressure inlet to the...
Go to the books companion website and use information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc. (a) What format(s) did these companies use to...
Which of the following statements about k-nearest neighbors regression is false? a. The choice of input features may have an impact on predictive performance. b. Variables do not need to be...
Sierra Company incurs the following costs to produce and sell a single product. During the last year, 25,000 units were produced and 22,000 units were sold. The Finished Goods inventory account at...
Solve the equation below: 4 x ^ 2 = 9
Wellson Corporation has current assets, including cash, accounts receivable, and inventory, and current liabilities, including accounts payable and short-term notes payable. Wellson manages its...
Let {X} be an IID sequence of random variables, distributed according to the exponential distribution Exp(A). Show that, n P ( X (1+r)); n i=1 exp (n[ln(1 + X) - A]). Show that the bound is...
What way the TWRs are different than the SWRs?
What are the advantages of CANDLE reactors?
What is the strategy of fuel utilization in a CANDLE reactor?
A study of 16,405 adult daughters of women who immigrated to California from other countries measured the economic status of the daughters by the median household income Y for the ZIP code they lived...
How would you measure the dollar duration of a swap?
How do intricate molecular signaling pathways orchestrate the formation and refinement of neural circuits in the complex milieu of advanced neurobiological systems?
Rewrite the code of Figure 7.3 in Ada, Java, or C#. Figure 7.3: template class queue { item items [max_items]; int next_free, next_full, num_items; public: queue () : next_free (0), next_full(0),...
Using the information in part 4, calculate the return on the FIs loan portfolio, the average cost of funds, and the net interest margin for the FI if the pound spot foreign exchange rate rises to...
If an FI uses only duration to immunize its portfolio, what three factors affect changes in the net worth of the FI when interest rates change? The change in net worth for a given change in interest...
A life insurance company has estimated capital requirements for each of the following risk classes: asset risk-affiliate (C0) = $2 million, asset risk-other (C1) = $5 million, insurance risk (C2) =...
For many years, womens professional basketball struggled for consistency in the United States. Since 1978, when the Womens Professional Basketball League (WBL) was formed, leagues have had difficulty...
What are the five forms of financing, and how is each used within sport?
That financial ratios are most valuable when viewed in comparison to the organizations historical ratio values and competitors values. Why is this context valuable when examining financial ratio...

Citi Bank in a short position, therefore Citi has done deal on spot-a-month for Rs 250 million

Question:

Expert Answer:

Prices 654X 250000000 1635000000 Amount 2 as88500000... View the full answer

Financial Institutions Management A Risk Management Approach

Students also viewed these accounting questions