Risk Management for Changing Interest Rates: Asset-Liability Management and Duration Techniques скачать в хорошем качестве

Risk Management for Changing Interest Rates: Asset-Liability Management and Duration Techniques

Ace FRM Part 2 – Book 4 with this clear walkthrough of Risk Management for Changing Interest Rates: Asset-Liability Management (ALM), interest-sensitivity gap (periodic, cumulative, relative & weighted), NII/NIM, duration, duration of assets & liabilities, and the duration gap for equity sensitivity. We cover formulas, quick examples, mistakes to avoid, and exam-style takeaways. What you’ll learn: ALM goals, strategies & decision process Price vs reinvestment risk; impact on NII/NIM Gap management (positive/negative/zero) Weighted IS gap & limitations Duration intuition + calculator example Portfolio duration & leverage-adjusted duration gap Estimating ΔNet Worth from rate shocks Perfect for FRM candidates and risk professionals brushing up on ALM & duration techniques. For FRM (Part I & Part II) video lessons, study notes, question banks, mock exams, and formula sheets covering all chapters of the FRM syllabus, click on the following link: https://analystprep.com/shop/unlimite... AnalystPrep is a GARP-Approved Exam Preparation Provider for FRM Exams After completing this reading, you should be able to: Discuss how asset-liability management strategies can help a bank hedge against interest rate risk. Describe interest-sensitive gap management and apply this strategy to maximize a bank’s net interest margin. Describe duration gap management and apply this strategy to protect a bank’s net worth. Discuss the limitations of interest-sensitive gap management and duration gap management. #FRM #FinancialRiskManager #AssetLiabilityManagement #DurationGap #RiskManagement #TreasuryRisk #Banking #FixedIncome #GARP #AnalystPrep