Free ICMA FMFQ Exam Actual Questions

The questions for FMFQ were last updated On May 3, 2024

Question No. 1

Which of the following is not one of the so-called 3 Pillars of the European Basel regulations?

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Correct Answer: B

Question No. 2

Which of the equity exchanges operates a quote-driven model?

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Correct Answer: B

Question No. 3

One of the most contentious parts of the US Dodd-Franks Act is the restrictions placed on banks carrying trading positions. What is the name of the rule that deals with this?

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Correct Answer: D

Question No. 4

An EUR-denominated Eurobond matures on 15 January 2017 and pays an annual coupon of 5% on an act/act basis. The bond is trading at a yield to maturity of 6% for settlement on 10 March 2015. Which of the following ststements is true of its clean price?

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Correct Answer: B

Question No. 5

Which of the following rates represents the lowest investment-grade rating?

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Correct Answer: B