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Which of the following statements is true? On-balance-sheet transactions for Australian banks include direct futures and forward contracts. Off-balance-sheet transactions for Australian banks include the

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Which of the following statements is true? On-balance-sheet transactions for Australian banks include direct futures and forward contracts. Off-balance-sheet transactions for Australian banks include the commercial loans and term deposits. Off-balance-sheet transactions for Australian banks include direct credit substitutes, interest rate derivative contracts and foreign exchange derivative contracts. All of the listed options are correct

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