商业银行管理彼得S.罗斯英文原书第8版 英语试题库Chap010.pdf

商业银行管理彼得S.罗斯英文原书第8版英语试题库Chap010--第1页

Chapter10

TheInvestmentFunctioninBankingandFinancial-ServicesManagement

FillintheBlankQuestions

1.A(n)_________________________isasecurityissuedbythefederalgovernmentwhichhasless

thanoneyeartomaturitywhenitisissued.

Answer:Treasurybill

2.Debtinstrumentsissuedbycities,statesandotherpoliticalentitiesandwhichareexemptfrom

federaltaxesarecollectivelyknownas_________________________.

Answer:municipalsecurities

3.Theinvestmentmaturitystrategywhichcallsforthebanktohaveonehalfofitsinvestment

portfolioinveryshorttermassetsandonehalfofitsinvestmentportfolioinlongtermassetsis

knownasthe_________________________.

Answer:barbellstrategy

4.A(n)_________________________isasecuritywheretheinterestportionofthesecurityissold

separatelyfromtheprincipalportionofthesecurity.

Answer:strippedsecurity

5._________________________arethewaythefederal,stateandlocalgovernmentsguaranteethe

safetyoftheirdepositswithbanks.

Answer:Pledgingrequirements

6.Themostaggressiveinvestmentmaturitystrategycallsforthebanktocontinuallyshiftthe

maturitiesofitssecuritiesinresponsestochangesininterestratesandiscalledthe

__________________.

Answer:rateexpectationstrategy

7._________________________istheriskthatthebankwillhavetosellpartofitsinvestment

portfoliobeforetheirmaturityforacapitalloss.

Answer:Liquidityrisk

8._________________________istheriskthattheeconomyofthemarketareat