Window-dressing: Difference between revisions
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imported>Doug Williamson (Create page. Sources: BIS Quarterly Review, March 2019, Oxford English Dictionary.) |
imported>Doug Williamson (Layout.) |
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:"... SOFR also exhibits volatility due to conditions in collateral markets and dealer balance sheet management. | :"... SOFR also exhibits volatility due to conditions in collateral markets and dealer balance sheet management. | ||
:A notable recent example is the December 2018 spike, which was due to a glut in treasury markets interacting with banks' year-end window-dressing" | :A notable recent example is the December 2018 spike, which was due to a glut in treasury markets interacting with banks' year-end window-dressing." | ||
:''Bank for International Settlements (BIS) Quarterly Review, March 2019.'' | :''Bank for International Settlements (BIS) Quarterly Review, March 2019.'' | ||
Revision as of 10:41, 3 April 2019
1. Financial reporting.
In financial reporting, window-dressing refers to transactions, or delayed transactions, around a financial reporting date, intended to improve the reported financial position or performance.
Banks' year-end window-dressing
- "... SOFR also exhibits volatility due to conditions in collateral markets and dealer balance sheet management.
- A notable recent example is the December 2018 spike, which was due to a glut in treasury markets interacting with banks' year-end window-dressing."
- Bank for International Settlements (BIS) Quarterly Review, March 2019.
2.
More generally, any superficial or misleading presentation, designed to create a favourable impression.
Also written window dressing, without the hyphen.
