Spain; Financial Sector Assessment Program: Technical Note: Stress Testing Methodology and Results

This report presents a description of the stress test exercises for Spainâ€™s banking and insurance systems. The exercises were carried out in the context of the Financial Sector Assessment Program with the aim of assessing the resilience of the financial system to key risks. It describes the coverage of the exercises, the risks considered, the magnitude of the shocks to the risk factors, the models and instruments, and the results. It presents the stress test methodology and also the stress tests for the banking system and insurance.

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Year of publication:	2006-06-14
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Banking systems \| Financial Sector Assessment Program \| Interest rates \| credit institutions \| interest rate risk \| bonds \| cash flows \| insurance companies \| savings banks \| commercial banks \| bond \| life insurers \| corporate bonds \| discount rate \| financial sector \| present value \| stock market \| discounting \| stock market prices \| corporate bond \| valuation of liabilities \| capital markets \| life insurance \| financial system \| stock markets \| cash flow \| overvaluation \| future cash flows \| international capital \| equity markets \| bond spreads \| international capital markets \| hedging \| option valuation \| government bond \| financial stability \| international banks \| cash flow projection \| financial statements \| treasury bonds \| hedging strategies \| stock market indexes \| valuation of assets \| bondholders \| bond issuance \| bond estimator \| treasury bond \| financial markets \| nominal depreciation \| derivative \| financial systems \| life insurance policies

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 06/216 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011245836