1. What is the contribution to the asset base of the following items under the Basel III requirements? (Leave no cells blank - be certain to enter "0" wherever required. Enter your answers in dollars not in millions.)
a. $6 million commercial letter of credit to a foreign bank, OECD CRC rated 2.
b. $2 million five-year loan commitment to a foreign government, OECD CRC rated 1.
c. $3 million bankers’ acceptance conveyed to a U.S., AA rated corporation.
d. $10 million three-year loan commitment to a private agent.
2. What is the contribution to the asset base of the following items under the Basel III requirements? (Leave no cells blank - be certain to enter "0" wherever required. Enter your answers in dollars not in millions.)
a $23 million cash items in the process of collection.
b. $4 million French short-term government bonds, OECD CRD rated 2.
c. $3 million general obligation bonds.
d. $40 million repurchase agreements (against U.S. Treasuries).