| Description |
1 online resource (xxvi, 514 pages) : illustrations |
| Contents |
Foreword; Introduction; Part I. Investment Operations of Central Banks and Other Public Investors: 1. Central banks and other public institutions as financial investors U. Binseil; 2. Strategic asset allocation for central banks and public investors K. Nyholm and M. Koivu; 3. Credit risk modeling for public institutions' bond portfolios H. van der Hoorn; 4. Risk control framework, limits, reporting, compliance monitoring, and other risk control functions A. Manzanares and H. Schwartzlose; 5. Performance measurement and attribution H. Bourquin, S. Hesselberg and R. Marton; Part II. Collaterised Lending Operations: 6. Credit risk taking in collaterised lending operations U. Binseil and F. Papadia; 7. The collateral and credit risk mitigation frameworks of central banks E. Tabakis and B. Weller; 8. Risk mitigation measures and credit risk assessment in central bank policy operations F. Gonzalez and P. Molitor; 9. Risk measures for a repo portfolio E. Heinle and M. Koivu; Part III. Organisational Issues and Operational Risk Management: 10. Organisational issues relating to the risk management function of public investors E. Tabakis; 11. Operational risk management in central banks J.-C. Sevet; Index |
| Summary |
"Domestic and Foreign Financial assets of all central banks and public wealth funds worldwide are estimated to have reached more than 12 trillion us dollars in 2007. How do these institutions manage such unprecedented growth in their financial assets and how have they responded to the 'revolution' of risk management techniques during the last fifteen years? This book surveys the fundamental issues and techniques associated with risk management and shows how central banks and other public investors can create better risk management frameworks. Each chapter looks at a specific area of risk management, first presenting general problems and then showing how these materialize in the special case of publicinstitutions. Written by a team of risk management experts from the European Central Bank, this much-needed survey is an ideal resource for those concerned with the increasingly important task of managing risk in central banks and other public institutions."--Jacket |
| Bibliography |
Includes bibliographical references (pages 490-506) and index |
| Notes |
Print version record |
| Subject |
Banks and banking, Central.
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Risk management.
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Portfolio management.
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Banks of issue.
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risk management.
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BUSINESS & ECONOMICS -- Banks & Banking.
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Banques centrales.
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Banque centrale européenne.
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Analyse des risques.
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Risques financiers.
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Placement de capitaux.
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Investissements publics.
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Banks of issue
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Banks and banking, Central
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Portfolio management
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Risk management
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Notenbank
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Portfoliomanagement
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| Form |
Electronic book
|
| Author |
Bindseil, Ulrich, 1969-
|
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González, Fernando, 1968 March 4-
|
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Tabakis, Evangelos
|
| ISBN |
9780511480836 |
|
0511480830 |
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0511480032 |
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9780511480034 |
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0511575718 |
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9780511575716 |
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9780521518567 |
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0521518563 |
|
