1) Euro credits

A) are credit cards that work in the euro zone. B) are denominated in currencies that are the same as the home currency of the Euro bank. C) short- to medium-term loans of Euro currency extended by Euro banks to corporations, sovereign governments, non prime banks, or international organizations. D) none of the options

2) A forward rate agreement (FRA) is a contract between two banks A) that allows the Euro bank to hedge the interest rate risk in mismatched deposits and credits. B) in which the buyer agrees to pay the seller the increased interest cost on a notional amount if interest rates fall below an agreed rate, and the seller agrees to pay the buyer the increased interest cost if interest rates increase above the agreed rate. C) that is structured to capture the maturity mismatch in standard-length Euro deposits and credits. D) all of the options