medium · Frm Part 2 Liquidity & Treasury Risk

A bank finds its 'Earnings Lens' (NII sensitivity) and 'Economic Value Lens' (EVE sensitivity) show opposite signs for a given interest rate shock.

What is the most likely structural cause of this disagreement?

  1. The bank’s deposit betas are assumed to be 100%.
  2. The bank uses a flat interest rate curve for all discounting.
  3. The bank has fully immunized its duration gap (DGAP = 0).
  4. The bank has a negative repricing gap but short asset duration.

Sign up free to see the explanation and track your rank →

More Frm Part 2 Liquidity & Treasury Risk practice

KomFi Academy — Stop doomscrolling. Get KomFi.

Build your intelligence, anytime, anywhere.

KomFi Academy is a curated training platform with 48,000+ practice questions, 20,000+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, Investment Banking, Private Equity (LBOs & PE math), Private Credit, Quantitative Finance, Financial Accounting, Asset- Backed Securities, Volume Profile Analysis, Order Flow Trading, Market Microstructure, Volume Spread Analysis, Elliott Wave Theory, Volume-Price Analysis, and Public Offering Frameworks.

What's inside

Topics

View pricing · Read testimonials