Interest Spreads in the Eurocurrency Market Are Small for Many

Multiple Choice

Interest spreads in the eurocurrency market are small for many reasons EXCEPT:

A) Eurocurrency loans are secured loans.
B) Eurocurrency deposits and loans are made in amounts of $500,000 or more on an unsecured basis.
C) The eurocurrency is a wholesale market.
D) Borrowers are usually large corporations or government entities.