Optimization of Constrained Liquidity Management

2017 ◽  
Author(s):  
Maged Tawfik
Keyword(s):  
Liquidity Management

Developing an Islamic Central Bank Deposit Facility for Liquidity Management

2016 ◽  
Vol 4 (2) ◽  
Author(s):  
Suleiman Sani Dalhatu
Keyword(s):  
Central Bank ◽  
Liquidity Management

Issues on Interbank Commodity Murabaha (CM) for Liquidity Management in Malaysia

2020 ◽  
Vol 8 (2) ◽  
pp. 9
Author(s):  
Mohamad Zabidi Bin Ahmad ◽  
Rosylin Mohd. Yusof ◽  
Ahmad Rizal Mazlan
Keyword(s):  
Risk Mitigation ◽  
Banking System ◽  
Islamic Banks ◽  
Liquidity Management ◽  
Standard Guideline ◽  
Growth Area ◽  
Islamic Financial Institutions ◽  
Enhance Efficiency ◽  
Analyze Structure ◽  
Operational Issues

Purpose: The objective of this research is to highlight issues and review the Interbank Commodity Murabahah (CM) practice as a tool of liquidity requirement from both the Shariah and industry’s operational perspectives. Accordingly, this study seeks to analyze structure and mechanism of CM as instrument to meet the liquidity need of the Islamic financial institutions and provides an opportunity for investments. In doing so, the paper seeks to review issues related to Shariah and operations in Islamic banking. Design/methodology/approach: By conducting interview with Treasurers, Shariah Scholars and funding dealers of Islamic banks in Malaysia, the study evaluates reassessment on CM practices and operational issues in relation risk and compliance. The study focuses on Islamic Treasury Division of Islamic banks in Malaysia. Findings: The findings of the study suggest that the two most significant issues in Islamic liquidity management of Islamic banks in Malaysia are i) resembling interest ii) nature of tradability iii) structure of CM iv) the timing the transaction to be completed and v) the real brokerage cost involved in adopting the CM transactions. Research limitations/implications: The research proposes a risk mitigation and enhanced Shariah compliance framework such as strait through processing (STP) and commodity broker’s standard guideline for Islamic banks to adopt CM practices. Practical implications: This study provides direction and guidance to the Islamic Commercial Banks, Commodity Brokers and regulator (BNM) involved in the banking system to reflect upon the importance to understand the issues and limitation of CM. By highlighting the importance of efficiency in terms of time and cost saving together with Shariah issues, Islamic banks can design policies to enhance efficiency in order to either decide to maintain the adoption of CMP or to consider the proposed alternative. Social implications:Understanding the Shariah compliance and operational issues will enhance the integrity of Islamic banks which is consistent with Key Economic Growth Area of making Malaysia as International Islamic Financial Hub 2.0.

Liquidity Management and Credit Supply at U.S. Banks

2014 ◽  
Author(s):  
Priyank Gandhi ◽  
Patrick Christian Kiefer
Keyword(s):  
Liquidity Management ◽  
Credit Supply

Evaluate the Efficiency of Liquidity Management in Russian Banks

2020 ◽  
Author(s):  
Jalal Hafeth Abu-Alrop
Keyword(s):  
Liquidity Management

Hedge Fund Liquidity Management: Insights for Systemic Risk Oversight

2020 ◽  
Author(s):  
George O. Aragon ◽  
A. Tolga Ergun ◽  
Giulio Girardi
Keyword(s):  
Systemic Risk ◽  
Hedge Fund ◽  
Liquidity Management ◽  
Risk Oversight

scholarly journals Liquidity Management During the Covid‐19 Pandemic*

2021 ◽  
Vol 50 (1) ◽  
pp. 7-24
Author(s):  
Heitor Almeida
Keyword(s):  
Liquidity Management

Central Bank Liquidity Management and the Signal Extraction Problem on the Money Market / Die Liquiditätssteuerung der Notenbank und das Signal-extraktionsproblem am Geldmarkt

2000 ◽  
Vol 220 (3) ◽  
pp. 284-301
Author(s):  
Ulrich Bindseil
Keyword(s):  
Monetary Policy ◽  
Central Bank ◽  
Interest Rates ◽  
Term Structure ◽  
Management Strategies ◽  
Money Market ◽  
Signal Extraction ◽  
Maintenance Period ◽  
Liquidity Management ◽  
Expectation Theory

Summary Understanding the factors determining overnight rates is crucial both for central bankers and private market participants, since, assuming the validity of the expectation theory of the term structure of interest rates, expectations with regard to this “monadic” maturity should determine longer term rates, which are deemed to be relevant for the transmission of monetary policy. The note proposes a simple model of the money market within a two-day long reserve maintenance period to derive relationships between the relevant quantities, expectations concerning these quantities for the rest of the reserve maintenance period, and overnight rates. It is argued that a signal extraction problem faced by banks when observing quantities such as their aggregate reserve holdings and allotment amounts of monetary policy operations is at the core of these relationships. The usefulness of the model is illustrated by applying it to the analysis of three alternative liquidity management strategies of a central bank.

scholarly journals Nonlinear target adjustment in corporate liquidity management: an endogenous thresholds approach

2009 ◽  
Vol 41 (17) ◽  
pp. 2125-2131 ◽  
Author(s):  
W. Allard Bruinshoofd ◽  
Clemens J. M. Kool
Keyword(s):  
Liquidity Management ◽  
Corporate Liquidity
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