Asset Management at Central Banks and Monetary Authorities : New Practices in Managing International Foreign Exchange Reserves

Chapter 1. Asset Management at Central Banks and Monetary Authorities -- Chapter 2. Central Banks: Gatekeepers of Monetary Stability and Guardians of Public Interest -- Chapter 3. Larger Central Bank Balance Sheets: A New Normal for Monetary Policy?- Chapter 4. How Countries Manage Large Central Bank Balance Sheets -- Chapter 5. Reserve Accumulation, Sovereign Debt and Exchange Rate Policy -- Chapter 6. The cost of holding foreign exchange reserves -- Chapter 7. Saudi Arabian Monetary Authority: Why do central banks hold domestic and foreign currency assets?- Chapter 8. Safe assets: Made, not just born -- Chapter 9. Expansion and contraction of central bank balance sheets: Implications for commercial banks -- Chapter 10. Management of Canada’s Foreign Exchange Reserves -- Chapter 11. How the Monetary Authority of Singapore (MAS) manages its assets -- Chapter 12. The South African Reserve Bank’s Strategic Asset Allocation Value Chain -- Chapter 13. European Central Bank: The investment decision-making process and its governance -- Chapter 14. Reserves management at Danmarks National Bank: Combining liquidity tiers with an adaptive risk budget -- Chapter 15. The Swiss National Bank’s investment decision-making process from a safe-haven currency perspective -- Chapter 16. The Strategic Asset Allocation Framework of Banco de México -- Chapter 17. Macro risk management in a commodity-dependent economy: The case of the Central Bank of Chile -- Chapter 18. Dynamic Strategic Asset Allocation at the National Bank of Belgium: Why and how to implement it in a central bank -- Chapter 19. Central Bank of Lithuania: Asset allocation in a risk parity framework -- Chapter 20. Good Governance: Principles, Pitfalls and Best Practice -- Chapter 21. Central Bank of Brazil: Investment decision-making in an integrated risk management framework -- Chapter 22. Governance, Risk Management, Reporting, and Control at the Central Bank of Columbia -- Chapter 23. Foreign exchange reserves at the National Bank of Poland: Adequacy, risk-budgets, tranching and financial implications -- Chapter 24. Central Banks as Bankers to Each Other: Overview, Trends, and Future Directions in Global Official Sector Service Provision -- Chapter 25. Modern central bank reserves management: Introduction and overview -- Chapter 26. Bank of Israel: Integrating equities into the foreign exchange reserves -- Chapter 27. Renminbi securities in portfolios of official institutions: A perspective from the Hong Kong Monetary Authority -- Chapter 28. Responsible Investment and central bank asset management -- Chapter 29. BlackRock: Reserves Management with Factors and Reference Portfolios.