Question
Citi Bank in a short position, therefore Citi has done deal on spot-a-month for Rs 250 million withHBL Other information given below: Issue Date: 25-Sep-2019
Citi Bank in a short position, therefore Citi has done deal on spot-a-month for Rs 250 million withHBL Other information given below:
Issue Date: 25-Sep-2019
Maturity Date: 24-Sep-2020
Trade Date: 02-MAR-2020 ( Thursday )
MTM (PKRV): 6.54
Repo Rate: 8.25/50
Calculate:
Find First & second Price (P1 & P2) & also in rupees, Deal / Days to Maturity, which bank involve in Repo & Reverse Repo Transaction?
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
