About This Event
“Know exactly which reserves you can touch tomorrow, and which you cannot.”
Delivers a structured approach to tranching foreign reserves into liquidity, investment and precautionary layers, ensuring reserve adequacy under stress while still optimising returns on every tranche.
What You'll Explore
A board-level liquidity policy ready for design and defence
A working tranching structure: liquidity, investment, precautionary
Stress-tested liquidity buffers against real cash-flow scenarios
Contingent funding lines mapped and ready to activate
A cash-flow stress test benchmarked against your institution's actual liquidity buffers
Who Should Attend
Open to all qualifying staff — particularly: Reserve Managers, Deputy Governors, ALM Committee Members.
Why This Course Matters
Adequacy Under Stress
Ground tranching decisions in recognised reserve adequacy metrics, not rules of thumb.
Three-Layer Structure
Separate liquidity, investment and precautionary layers so each is managed to its own purpose.
Return Without Regret
Optimise returns on each tranche without compromising the liquidity the institution actually needs.
Programme
Day 1
Liquidity risk fundamentals & reserve adequacy metrics
Answer how much liquidity you actually need with numbers rather than a rule of thumb.
Day 2
Tranching frameworks: liquidity, investment & precautionary layers
Build a three-layer tranching framework.
Day 3
Contingent liquidity lines & crisis funding arrangements
Map what is available to you before a crisis, not while you are in one.
Day 4
Cash flow forecasting & stress testing liquidity buffers
Build and stress-test a cash-flow forecast.
Day 5
Board-level liquidity policy design & defence
Design a board-level liquidity policy and defend it.
Standards & Faculty Benchmark
IMF reserve adequacy (ARA) metric framework
Reserve management guidelines and the Reserve Advisory & Management Partnership curriculum.
World Bank RAMP practices
Reserve management guidelines and the Reserve Advisory & Management Partnership curriculum.
The IMF's reserve adequacy (ARA) framework and World Bank RAMP practices are what an external reviewer will use to judge whether your tranching structure is adequate.
Is This Right for You?
- ☑You manage reserve liquidity or sit on an ALM committee
- ☑Your institution needs a clearer tranching structure
- ☑You need adequacy metrics grounded in IMF/World Bank practice
Good to Know
Focused on liquidity structure decisions, useful whether you set that structure or work within it day to day.
The Bottom Line
Know precisely which reserves you can touch tomorrow, which you cannot, and be able to prove it to your board in writing.
Recommended For
Open to all qualifying staff — particularly: Reserve Managers, Deputy Governors, ALM Committee Members.