An instrument for which a bank temporarily sells for liquidity a segment (amount) of its Treasury securities with the expectation of buying them back is a(n): a. repurchase agreement b. negotiated CD (NCD) c. bankers acceptance d. commercial paper

An instrument for which a bank guarantees payment on a post-dated three-party check usually used for international trade is a(n): a. repurchase agreement b. negotiated CD (NCD) c. bankers acceptance d. commercial paper