Lecture Financial markets and institutions: Chapter 21 - Anthony Saunders, Marcia Millon Cornett
Lecture Financial markets and institutions: Chapter 21 - Anthony Saunders, Marcia Millon Cornett
Chapter 21 - Managing liquidity risk on the balance sheet. This chapter provided an in-depth look at the measurement and on-balance-sheet management of liquidity risks. Liquidity risk is a common problem that FI managers face. Welldeveloped policies for holding liquid assets or having access to markets for purchased funds are normally adequate to meet liability withdrawals.