THE SYSTEMIC RISK CENTRE AT LSE
Title:
Modern Sovereign Debt Risk Management: A Systemic Approach Dates: 2nd – 3rd October 2017 Venue: London School of Economics, WC2A 2AE
SRC Executive Masterclass
Effective sovereign debt management requires achieving funding, risk, and cost objectives while often adapting to rapidly changing market circumstances. A key challenge then for sovereign debt managers is to establish and execute a strategy that meets the sovereign´s objectives in a way that is resilient to fluctuation in market sentiment and in other risk factors. This requires a holistic understanding of modern asset, liability and risk management frameworks where balance sheets are interwoven and where explicit and implicit guarantees affect the financing options. Furthermore, a deep understanding of sovereign debt management requires a solid knowledge of debt restructuring strategies as well as an appreciation of how regulation, banking crises, and politics relate to and complicate the task of keeping a consistent and predictable debt management programme. For investors and bank risk officers concerned with the measure of sovereign counterparty risk, this course will provide the instruments needed to evaluate different sovereign debt strategies, giving them the capacity to
www.systemicrisk.ac.uk/Masterclass