Symposium on Interest Rate Risk Management Hosted by the Federal Deposit Insurance Corporation Friday, January 29, 2010
L. William Seidman Center
3501 N. Fairfax Drive
Arlington VA, 22226-3599
C Building Auditorium
The purpose of the Symposium on Interest Rate Risk Management is to discuss issues and the strategies available to financial institutions for managing their interest rate risk (IRR) exposures. While the recent steepness of the yield curve has helped institutions weather a difficult economic environment, financial market participants should not lose sight of the fact that IRR exposure may be building in their balance sheet and off-balance sheet positions. The Symposium on IRR Management will bring bankers, experts, and supervisors together to discuss how institutions can enhance IRR planning and better manage exposures.
We are very pleased to have an exceptional lineup of speakers who will lead the discussion, including the Honorable Donald L. Kohn, Vice Chairman of the Federal Reserve Board of Governors, who will deliver the keynote opening address and Mohamed El-Erian, Chief Executive Officer of Pacific Investment Management Company, LLC (PIMCO), who is scheduled to deliver the keynote luncheon address.
Other panelists, including bankers, consultants, academics and market participants will provide perspectives on the challenges of interest rate risk management.
Panels will discuss:
Recent trends in short-term funding and IRR management.
Risk mitigation techniques, including strategies to extend the duration of liabilities or shorten the duration of assets, and the benefits and risks of hedging.
FHLB views on managing duration mismatches for member institutions.
Supervisory thoughts on IRR management best practices and ideas on market and regulatory incentives that would encourage lengthening the duration of liabilities.
If you have questions regarding the Symposium, please contact Marc Steckel, Associate Director, Division of Insurance and Research at (202) 898-3618 or firstname.lastname@example.org.
Agenda & Materials
Presentations provided at the symposium have been added to the agenda.