Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 1

A Model for lmplemenLaLlon

W All complex lnsLrumenLs are reduced Lo slmple


lnsLrumenL ln an arLlflclal manner preservlng markeL
value and markeL rlsk
W Mapplng of Lerm producLs Lo zero coupon bond ls very
sLralghLforward
W Powever mapplng of nonLerm producLs ls sllghLly
more complex
W ALM supporLs mulLlple concurrenL buckeLlng schemes

You might also like