Rose Hudgins Eighth Edition PowerPoint Chapter 07课件.ppt

Chapter Seven;Key Topics;Asset-Liability Management;Historical View of Asset-Liability Management;Interest Rate Risk;Interest Rate Risk: One of the Main Challenges;Yield to Maturity (YTM);Bank Discount Rate (DR);Market Interest Rates;Yield Curves;Net Interest Margin;Goal of Interest Rate Hedging;Quick Quiz;Interest-Sensitive Gap Measurements;Examples of Repriceable (Interest Sensitive) Assets and Liabilities;Asset-Sensitive Bank Has:;Liability Sensitive Bank Has:;Computer-Based Techniques and Maturity Buckets;Gap Positions and the Effect of Interest Rate Changes on the Bank;Zero Interest-Sensitive Gap;Important Decision Regarding IS Gap;NIM Influenced By:;Cumulative Gap;Aggressive Interest-Sensitive Gap Management;Problems with Interest-Sensitive Gap Management;Quick Quiz;The Concept of Duration;To Calculate the Instrument’s Duration;Price Sensitivity of a Security;Convexity;Dollar-Weighted Duration of Asset Portfolio ;Dollar-Weighted Duration of a Liability Portfolio;Duration Gap;Change in the Value of a Bank’s Net Worth;Impact of Changing Interest Rates on a Bank’s Net Worth;Limitations of Duration Gap Management;Quick Quiz