1. Assets Liability ManagementALM It is a dynamic process of Planning, Organizing & Controlling of Assets & Liabilities- their volumes, mixes, maturities, yields…

Slide 1 CHAPTER12 Introduction to Asset Liability Management What is in this Chapter? INTRODUCTION SOURCES OF INTEREST-RATE RISK Mortgage-backed Securities (MBS) Slide 2…

Slide 1 CHAPTER 12 Introduction to Asset Liability Management What is in this Chapter? INTRODUCTION DURATION GAP SOURCES OF INTEREST-RATE RISK ALM RISK versus MARKET RISK…

Slide 1 Public spending reforms Czech Republic April 8, 2013 Zuzana Šmídová, OECD Slide 2 Lecture outline What is public spending/why does it need reform Fiscal sustainability…

Public spending reforms Czech Republic April 8, 2013 Zuzana Šmídová, OECD 0 Lecture outline What is public spending/why does it need reform Fiscal sustainability and frameworks…