A bond represents a long-term debt agreement. When entities need to raise capital for extended periods, they issue bonds. Generally,...

Introduction A bond represents a long-term debt commitment. When an entity wants to borrow money for medium to long durations, they sell...

Demystifying Repurchase Agreements (Repos): A Primer In the intricate realm of financial transactions, the repurchase agreement, commonly...

Backround When I was running a treasury, repo agreements, or repurchase agreements, were very instrumental in the type of work we were...

Can GPT-4 Assist in Making Electric Vehicle Purchase Decisions? Purchasing a new car is undeniably a significant financial commitment,...

Wholesale markets have a rich history of serving as vital hubs for financial institutions and corporations to engage in short-term...

The financial landscape is comprised of various instruments and markets that facilitate the movement of capital and financing. Among...

Definition of Cash Products in the Context of Money Markets Cash products, within the realm of money markets, encompass a range of...

It seems that everyone is utilising artificial intelligence. However, the narrative often contrasts sharply when I engage in personal...

In this article, I explore the capabilities of GPT-4 in assessing a firm's interest rate risk. My objective is to provide a practical...

In today's rapidly evolving technological landscape, large language models (LLMs) stand as a testament to the strides we've made in...

AI is coming for knowledge work, the problem is that we don't know how it will affect us and the businesses we work in. It has the...

After a bit of practice, I decided to put it to work on something practical and asked it to generate a series of reverse stress scenarios...

Hedging mortgages with swaps is a common practice for financial institutions looking to manage interest rate risks associated with their...

If you run your own money this may save you ten years of work, (honestly). My investment journey started over thirty years ago. I didn’t...

What's first strategy or risk appetite? A regular feature in the Investors Chronicle is a column called “Portfolio Clinic”, it evaluates...

Capital isn't gold bars Capital adequacy is right up there in terms of importance and quite rightly too as it’s a measure of the ability...

In the beginning This story goes back to 2008, that’s when bank deposit rates (LIBOR) and Base rate (Bank rate) both went South but not...

Too good? Selling mortgages with interest rates of between 1% and 4% may seem like an opportunity too good to miss, particularly now Bank...

In Part One I summarised that: There are three types of stress test and you need to be aware of which you are using. In our business we...