March 2002
Intermediate to advanced
176 pages
3h 48m
English
book
Asset and Liability Management: The Banker’s Guide to Value Creation and Risk Control, Second Edition
by Jean Dermine, Youssef F. Bissada
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Ask/bid rate and reserve requirement
In Stage 1, we introduced two interbank rates: the ask rate on interbank assets and the bid rate on interbank deposits. In addition, we mentioned the reserve requirement regulation.
When it comes to the management of the interbank position, one does not always know which side of the balance sheet (assets or deposits) will be affected by the collection of deposits. Therefore, very often the average of the ask and bid interbank rates is used as the transfer price.
As far as the central bank’s regulation is concerned, the reserve requirement implies that part of the deposits collected will not be available for investment purposes, but will have to be kept at the central bank. This costly regulation has to be ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.