商业银行管理彼得S.罗斯英文原书第8版-英语试题库Chap013

Chapter 13Managing Nondeposit Liabilities Fill in the Blank Questions1.Dollar denominated CDs issued outside the U.S. are called _. Answer: Eurodollar CDs 2.The CDs large foreign banks sell through their U.S. branches are called _. Answer: Yankee CDs 3.When a bank buys funds from other financial institutions in order to cover good quality loan demand and to satisfy deposit reserve requirements they are practicing _. Answer: liability management 4.When the first priority of a bank is to make loans to all good quality loan customers they are following the _. Answer: customer relationship doctrine 5.Originally _ consisted exclusively of deposits held by U.S. banks at the Federal Reserve banks which were loaned from one bank to another. Answer: federal funds 6._ is the short-term notes, with maturities ranging from 3 to 4 days to 9 months, issued by well known companies. Answer: Commercial paper 7.A _ is the temporary sale of high-quality, easily-liquidated assets accompanied by the agreement to buy back those assets on a future specific date at a predetermined price. Answer: repurchase agreement 8.Because the interest rate on CDs, commercial paper and other nondeposit borrowings (except borrowings from the Federal Reserve discount window) are determined by supply and demand conditions in the market they all face _ risk. Answer: interest rate 9.The spread between current and expected loans and investments and the current and expected deposit inflows and other sources of funds is known as the _. Answer: funds gap 10.A(n) _ is an interest bearing receipt for funds issued by a bank with a minimum denomination of $100,000. Answer: negotiable (jumbo) CD 11.Because there is a danger that the bank in need of funds will not be able to find someone willing to grant the bank a loan at a reasonable rate, they face _. Answer: credit availability risk 12.The Federal Reserve will make loans through its _. Answer: discount window 13.The securities most often used in a repurchase agreement are _. Answer: T-Bills 14.Virtually all nondeposit borrowing of a bank are _-term rather than _-term debt. Answer: short, long 15.Repurchase Agreements (RPs) are very similar to Federal Funds and are often viewed as _ federal funds transactions. Answer: collateralized 16.A repurchase agreement (RP) whereby the collateral is specifically identified is known as a conventional or _ RP. Answer: fixed-collateral 17.A _ repurchase agreement (RP) is one in which the underlying collateral is not identified precisely and thus allows some substitution. Answer: General Collateral Finance 18.The type of discount window loan with generally the highest rates of interest is known as _ credit. Answer: secondary 19.The type of discount window loan with generally the lowest rate of interest is known as _ credit. Answer: seasonal20. Federal Reserve balances of banks can be transferred from one institution to another in seconds through the Feds wire transfer network called the .Answer: Fedwire21. One of the three types of loans in the Fed Funds market, are unwritten agreements, negotiated via wire or telephone, with the borrowed funds returned the next day.Answer: overnight loans22. One of the three types of loans in the Fed Funds market, are longer-term Fed Funds contracts lasting several days, weeks or months, often accompanied by a written contract.Answer: term loans23. One of the three types of loans in the Fed Funds market, are automatically renewed each day unless either the borrower or lender decides to end this agreement.Answer: continuing contracts24. When financial institution borrows in the RP market, this loan is listed as .Answer: Securities Sold under Agreements to Repurchase 25. are nondeposit borrowings that are fully collateralized by home mortgages and have maturities ranging from overnight to 20 years.Answer: Advances from the Federal Home Loan BanksTrue/False Questions26.The traditional and principal source of bank funds is deposits.Answer: True 27.Asset management (i.e., conversion of assets to cash) is regarded as an interest-