What is the aim of this course?
The dealing room is
the hub of the treasury function, with the diverse institutions and
operators of money market transactions being the frontline actors.
The short life of money market instruments is the main
distinguishing character vis-ΰ-vis other financial instruments.
This introductory course presents the characteristics of money
market instruments, provides insight into their most effective
deployment while also describing the relative critical roles of the
various market participants.
Who is it for?
Executive level
functional heads in non-treasury departments, credit managers, legal
and marketing officers with responsibility for structuring approving
dealing limits and treasury department personnel requiring a
refresher of the principles underpinning treasury operations.
What will you learn?
Functions of the money Markets
Participation and Operations of Money Markets
Treasury Bill Auction mechanism
Structure of Repurchase Agreements
Mathematics of money market products
Analysis and Pricing of the Government of Ghana Index Linked Bond (GGILB)
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What
is the aim of this course?
It has
been rightly observed that the goal of most banking strategies is
not to eliminate risk or even to minimize it. The usual objective is
to assume risk and control it while making an acceptable profit.
Nowhere is this insight more relevant than in a banks asset and
liability management strategies. In such scenarios, the strategy is
to generate returns that are at least commensurate with the interest
rate risk or financing risk that is assumed in a transaction. In
practice all these can get quite complicated and if not handled
astutely, yield disastrous consequences.
This course thus aims to delve into the origins and applicable
models to enable participants adopt effective bank asset-liability
management practices which could be key to the attainment of the
financial objectives of the banks.
Who is it for?
Treasury
managers and experienced dealers and back office personnel aspiring
to move into management positions as well as executive level
functional heads in non-treasury departments who typically sit on
Asset and Liability Committees of the banks. Credit managers, legal
and marketing officers with responsibility for structuring deals
with a direct impact on the treasury function will benefit from an
exposure to the implications of their lending and deposit taking
activities.
What will you learn?
Origin and Importance of Asset and Liability Management in Banks
Forming an Asset and Liability Management Committee and
determining its role
Selecting/Implementing an ALM Model
Developing an ALM Policy
Identifying and Measuring Risks
Forecasting of Interest Rate
Derivatives and Derivatives Valuation techniques
Performance Analysis and Measurement
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