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Treasury Markets and Operations.
An in-depth look at how banks and other financial institutions manage treasury operations Created for banking and finance professionals with a desire to expand their management skillset, this book focuses on treasury operations in banking. It was written by the experts at the world-renowned Hong Kon...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Somerset :
Wiley,
2014.
©2014 |
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Treasury Markets and Operations
- Contents
- Preface
- PART 1 Treasury Management
- 1 Treasury Management of Financial Institutions
- Introduction
- Issues in Treasury Operations
- Balance Sheet Management
- Basel III
- Liquidity Risk Management
- Management of Settlement/Pre-Settlement Credit Risk
- Management of Interest-Rate Risk
- Management of Foreign Exchange Exposure
- Treasury Controls and Measures
- Internal Controls
- Trading Limits
- Monitoring and Control of Dealing Operations
- Audit and Compliance
- Conflicts of Interest
- Code of ConductSummary
- Key Terms
- Study Guide
- Further Reading
- 2 The Foreign Exchange Market
- Introduction
- Basic Operation of Forex Market
- Market Participants
- Operations
- Forex Risk Management
- Quotation
- Value Date of FX Deals
- Arbitrage in the FX Market
- Determining Exchange Rates
- Interest Rate Parity and Inflation
- Balance of Trade and Payments
- International Investments and Capital Flow
- Trend Forecasting
- Forward Markets
- Value of a Forward Contract
- Hedging with a Forward Contract
- Normal FX Outright RateTime Options or Optional Forward Contract
- Theoretical Value of Optional Forward Contract
- Par Forward Contract
- Covered Interest Rate Parity Relationship
- Meaning of the Forward Rate
- Bid and Offer for an Outright Quote
- Discounts and Premiums
- Rollover of Forward Contracts
- Non-Deliverable Forward
- Hedging the FX Exposure
- Approaches to FX Hedging
- Measuring Exposure
- Hedging Strategies
- Summary
- Key Terms
- Study Guide
- Further Reading
- 3 Money and Capital Markets
- Introduction
- Hong Kong Dollar MarketPeg System
- Operations of the Exchange Fund
- Setting the HIBOR
- Central Moneymarkets Unit
- Certificates of Deposit and Bonds
- International Market
- Interest Rate Risk Management
- Eurodollar and Euroyen
- Bond Market
- Participants
- Markets
- RMB Market
- The CNH Market
- The Money Market Desk
- Liquidity Ratio
- Cash Flow Management
- Money Market Instruments
- Bond Repurchase Programs
- Money Market Operations
- Tenor
- Two-Way Quotation
- Pricing Forward Rate
- Treasury Bills
- Quotation of Discount InstrumentTrue Yield
- Buy High, Sell Low
- Exchange Fund Papers
- Capital Markets: Risk and Valuations
- Credit Default Risk
- Credit Spread Risk
- Measurement of Credit Risk Exposures
- Managing Credit Risk in Derivatives
- Summary
- Key Terms
- Study Guide
- Further Reading
- 4 Bond Market
- Introduction
- Basics of the Bond Market
- Types of Bonds
- Pricing Bonds
- Yield and Price Relationship
- Discount Rates
- Term Structure
- Yield Curve
- Theories of Term Structure
- Reading the Yield Curve