Unmatched book

If the average maturity of a bank's liabilities is shorter than that of its assets, it is said to be running an unmatched book. The term is commonly used with the Euromarket. Also refers to entering into OTC derivatives contracts and not hedging by making trades in the opposite direction to another financial intermediary. In this case, the firm with an unmatched book usually hedges its net market risk with futures and options. Related expressions: Open book and short book.

Open Book

A situation in which a bank's liabilities have a shorter term (on average) than its assets. This indicates that it may not be able to meet its obligations when the time comes. It is also called an unmatched book or a short book.

单词	unmatched book
释义	DictionarySeeopen book Unmatched book Unmatched book If the average maturity of a bank's liabilities is shorter than that of its assets, it is said to be running an unmatched book. The term is commonly used with the Euromarket. Also refers to entering into OTC derivatives contracts and not hedging by making trades in the opposite direction to another financial intermediary. In this case, the firm with an unmatched book usually hedges its net market risk with futures and options. Related expressions: Open book and short book. Open Book A situation in which a bank's liabilities have a shorter term (on average) than its assets. This indicates that it may not be able to meet its obligations when the time comes. It is also called an unmatched book or a short book.
随便看	i did not get that i did not know that i did not quite catch that i did not quite catch that last remark i did not quite catch that remark i did not recall correctly i didn't catch that i didnt catch that i didn't catch that last remark i didnt catch that last remark i didn't catch that remark i didnt catch that remark i didn't catch that remark. and i didn't get that.; i didn't hear you i didn't catch the name i didnt catch the name i didn't catch the name, and i didn't catch your name i didn't catch your name i didnt catch your name i didn't change anything! i didn't do that i didn't get that i didnt get that i didn't know i didn't know that i didn't need to know that