第18章 负债与流动相关管理 金融风险课件.pptVIP

Chapter;Overview;A common definition of liquidity emphasizes the ease of converting an asset to cash with minimum loss.;The link between liquidity and bankingrisks and returns;The relationship between cash andliquidity requirements;Liquid assets;Cash assets are liquid assets only to the extent that a bank holds more than the minimum required.;Reserve balances at the FederalReserve Bank;Required reserves and monetary policy;Changes in reserve requirements;Required reserves;Meeting legal reserve requirements;Reserve requirement percentages fordepository institutions;Reserve requirement percentages fordepository institutions;Contemporaneous reserve accounting (CRA)(同步准备金制度）;日期;准备金管理的两种策略;2.Sweep accounts;准备金保持期内的最低日平均准备金额＝准备金计算期内日平均活期存款额×准备金率 =5.5 ×0+(42.8-5.5) ×3%+(1305.7-42.8) ×10%=127.409;准备金保持期;准备金目标的计算;在8月3日营业结束时，银行日平均现金准备为123.5(1482／14)，然而，以整个准备金计算期内所持有的存款额来计算，管理者在全部14天的准备金保持期内必须持有的日平均准备金额度为127.409,到星期一营业结束时，管理者可以计算出前12天所持有的日平均准备额度与最低准备目标之间的差额为3.909,或累计为46.908。 这为管理者在准备金保持期内的最后两天——8月4日和8月5日提出了明确目标，;在剩余的两天内每天平均持有的准备金除了必须达到127.409以外，弥补前12天累计不足的46.908部分，这为管理者在准备金保持期内的最后两天——8月4日和8月5日提出了明确目标，在剩余的两天内每天平均持有的准备金除了必须达到127.409以外，弥补前12天累计不足的46.908部分。;银行管理者在准备金保持期内的最后两天必须达到的总平均准备金额度为：(127.409＋127.409＋46.908)/2=150.863 银行在这两天内每日持有的准备金额度可能不等，如星期二持有160.683，星期三持有140.863，以便在整个14天内达到最低法定存款准备金的要求。 课堂练习：练习1 ;Lagged reserve accounting (LRA)滞后准备金制度;Satisfying reserve requirements;;Report of reservable liabilities andoffsetting asset balances;Report of reservable liabilities andoffsetting asset balances (continued);Required reserve report: August 9-22;假设银行在中央银行??准备金头寸为;高于或低于最低准备金要求;日期;分析;满足法定存款准备金要求的方式;高于准备金目标;同步准备金法与时差准备金法的比较;Liability Management;Characteristics of small denomination liabilities;Accounts with transactions privileges;Demand deposit accounts …;NOW;Money market deposit accounts MMDAs;Time Deposits and CDs;Fed Funds;Repurchase Agreements;Other Borrowings;Measuring the cost of funds;Average historical net cost ;Marginal cost of bank funds;Costs of independent so