Das, Udaibir S.; Lu, Yinqiu; Papaioannou, Michael G; … - International Monetary Fund (IMF) - 2012
, and its legacy on sovereign balance sheets, reaffirms the need for strengthening financial risk management. This paper … discusses some salient features embedded in in the current generation of sovereign asset and liability management (SALM … instrument in formulating asset management and debtor liability management strategies at the sovereign level. From a portfolio …