ACI Dealing Certificate (#80)

You have quoted your customer the following CAD deposit rates: 1M 1.00-05% 2M 1.06-11% 3M 1.13-18% The customer says, “I give you CAD 20,000,000.00 in the two’s”. What have you done?

Borrowed CAD 20,000,000.00 at 1.06%
Lent CAD 20,000,000.00 at 1.11%
Borrowed CAD 20,000,000.00 at 1.11%
Lent CAD 20,000,000.00 at 1.06%