CAIIB · BFM

Treasury products

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Bank Financial Management — CAIIB.

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Q

What is a treasury product in the context of bank financial management?

A

Treasury products are financial instruments and contracts used by bank treasuries to manage liquidity, interest rate risk, currency risk, and to generate income through trading and investment activities.

Q

What is a treasury bill and what is its typical maturity period in India?

A

Short-term government security with 91, 182, or 364-day maturity.

Q

What is a Certificate of Deposit (CD) and how is it used as a treasury product?

A

A Certificate of Deposit is a short-term, negotiable money market instrument issued by banks to raise funds from the market, typically with maturities ranging from 7 days to 1 year, and can be traded in the secondary market.

Q

What is the primary purpose of a bank's treasury department?

A

To manage liquidity, investments, and foreign exchange risk.

Q

What is a Commercial Paper (CP) and who can issue it?

A

Commercial Paper is an unsecured, short-term debt instrument issued by corporates, primary dealers, and all-India financial institutions to raise funds for working capital needs, with a maturity of 7 days to 1 year.

Q

What is the 'Held for Trading' (HFT) classification for investment securities?

A

Securities held for short-term profit from price movements.

Q

What is the minimum denomination for issuing Commercial Paper in India?

A

The minimum denomination for issuing Commercial Paper in India is Rs. 5 lakh, and it must be issued in multiples of Rs. 5 lakh thereafter, as per RBI guidelines.

Q

What is a banker's acceptance and how is it used in trade finance?

A

A bank-guaranteed time draft used to finance international trade.

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