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A、The foreign banks. B、The locally incorporated banks. C、The government. D、Inhabitant in Hong Kong. B录音原文提到Lenders are mostly t
A、The foreign banks. B、The locally incorporated banks. C、The government. D、Inhabitant in Hong Kong. B录音原文提到Lenders are mostly t
admin
2012-01-26
106
问题
The inter-bank market is important because through banks’ lending and borrowing, a short-term interest rate can be determined. This interest rate indicates the marginal cost of acquiring short-term liquidity needed by banks in the money market. Thus, the lending is usually for short-term liquidity needs which is usually overnight. Some lending transactions may be arranged for a longer period of time, usually up to 3 months. The inter-bank money market is well established and active in Hong Kong, with an average daily turnover of HK $ 38 billion in late 1991. Lenders are mostly the locally incorporated banks and major borrowers are the foreign banks that do not have adequate deposit base in local currency.
28. What can be determined through inter-bank lending and borrowing?
29.How long is the usual period of short-term liquidity needed by banks?
30.Who are the major lenders in the inter-bank market?
选项
A、The foreign banks.
B、The locally incorporated banks.
C、The government.
D、Inhabitant in Hong Kong.
答案
B
解析
录音原文提到Lenders are mostly the locally incorporated banks and...贷款人绝大多数是当地组成公司的银行。
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本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
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FECT综合(现代金融业务)
金融英语(FECT)
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