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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The control of interest rate risk
We have shown that there are two ways to look at interest rate risk.
The first one is very much driven by the impact of interest rate on the profit and loss account.
An alternative is to focus on the economic value of equity of the entire bank.
Since the last approach captures both short-term and long-term risks, it is recommended that both approaches are used.
Volatility of interest rate is a key variable. Two sets of scenarios should be foreseen:
volatility under ‘normal’ time; and
volatility at a time of crisis ...
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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.