FRM P1精选题解析:资金流动性风险是指风险

时间:2017-11-28 15:52 作者:FRM 来源:FRM

Funding liquidity risk refers to the risk:
 
A)that a counterparty to a financial transaction will default.
 
B)that the government will decide to terminate a government-funded program.
 
resulting from a large position size in an asset relative to the asset’s typical trading lot
 
C)size.
 
D)that an institution will not be able to raise cash necessary to make debt payments.
 
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Answer:D
 
Solution:
 
Funding liquidity risk refers to the risk that an institution will not be able to:
 
▪raise cash necessary to make debt payments
 
▪fulfill cash,margin,and collateral requirements of counterparties
 
▪meet capital withdrawals resulting in a loss
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