BFM: Concepts and Practice · Part C: Treasury Management

Chapter 18: Treasury and ALM

How ALCO and the treasury keep the balance sheet’s tenors, rates and currencies in step, and price funds fairly inside the bank.

Open Chapter 18 in the e-book The book and its prices

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

18.1What ALM isp. 257
18.2ALCO and the ALM processp. 258
18.3Funds transfer pricingp. 259
18.4Repricing gapsp. 260
18.5Treasury’s toolsp. 261
Exam traps and quick checksp. 262
Practice: 16 questions in three roundsp. 263
Answers, with every wrong option explainedp. 265
Make it stickp. 267
Chapter 18 on one pagep. 268

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.