Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk.
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 1: Welcome and Objectives- What is Liquidity Risk
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 2: Factors Contributing to Liquidity Risk
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 4: Where Does Liquidity Risk Come From
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 3: Unique Credit Union Advantages and Disadvantages
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 8: Rules for Cash Flow Forecasting – Stress-Testing Possible Scenarios
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 5: Funding Liquidity Demand – Regulatory Framework
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 11: Summary and Wrap-Up
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 10: Elements of a Contingency Funding Plan
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 9: Components of a Liquidty Risk Policy – Sample Policy
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 7: Flow Forecasting – Examples
Liquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 6: Liquidity Risk Measurements – Steps in Cash Flow
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 11: Summary and Wrap-Up
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 10: Liabilities Play on NEV-Real Life Example
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 9: Measuring Market Risk using NEV
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 8: Opportunity Cost-Applying the Opportunity Cost to NEV
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 7: Market Value & Opportunity Cost
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 6: Opportunity Cost
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 5: Principle of Opportunity Cost
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 4: Net Economic Value (NEV) Analysis
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 3: Leveraged Balance Sheet-Actual Rate Shock vs. Actual Performance...
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 1: The Balance Sheet Equation
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 1: Welcome and Intro about Credit Unions
The concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works.
Presented by Guest Speaker Jason Williams Do you like all of the investments in your investment portfolio? If you own callable securities you may be holding those securities longer than you have in the past. When interest rates rise, the dynamics of your investment portfolio will change. If you haven’t visited your investment strategy recently, 2014 may be a great time to do so. Jason Williams, Portfolio Manager at Moreton Asset Management, has spent 15 years managing over $2 billion in bond por...
In this chapter, we discuss: * Steps in Managing your Investment Portfolio * Regulations Affecting Credit Unions
In this chapter, we discuss: * Transparency in the Bond Market * The Difference between how stocks are traded and how bonds are traded.
In this chapter, we discuss: * Bond Market Classifications
In this chapter, we discuss: * Strategies for Investing in a Rising Rate Environment * How to create a Bond Ladder
In this chapter, we discuss: * Objectives * Fed Tapering Bond Purchases * How it might affect your investment portfolio * Bond Price vs. Yield
