An analyst does research about Eurodollar

问题单项选择题

An analyst does research about Eurodollar time deposits. Which of the following statements about Eurodollar time deposits is teast accurate（）

A. The interest is not deducted from the principal.

B. The interest rate is based on LIBOR.

C. The deposits are essentially short-term secured loans.

答案

参考答案：C

解析：

欧洲美元存款是在美国以外的以美元计价的短期借贷资金，其交易中心在伦敦，它所决定的短期借贷利率也被称为伦敦同业银行拆借利率(London Interbank Offer Rate，LIBOR)。该欧洲美元存款必须是短期且不经过担保的贷款，所以选项C错。与美国国库券市场不同，报价中利息不是从本金中减去，而是将利息加到面值上进行报价，所以选项A是正确的。