On the run and Polycrisis: Difference between pages

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The most recently issued of a series of similar securities from an issuer.
''Global risks - interactions.''


For example, the most recently issued 10 year US treasury (government) bond is on the run. Earlier issues are 'off the run'.
A polycrisis is a situation in which multiple global risks occur at the same time, interacting with compounding effects, such that the overall impact exceeds the sum of each part.


In general, there is greater liquidity in the on the run issue. This can be reflected in higher price, lower yield. The higher liquidity occurs as the issue finds its way to longer-term holders' portfolios from primary dealers and more speculative buyers, prime brokers.
''Source: World Economic Forum (WEF) - Global Risks Report 2023 - p57.''


The term can also be applied to derivatives related to securities.


== See also ==
* [[Business risk]]
* [[Climate risk]]
* [[Commercial risk]]
* [[Country risk]]
* [[Environmental risk]]
* [[Event risk]]
* [[Financial risk]]
* [[Geoeconomics]]
* [[Geopolitical risk]]
* [[Global risk]]
* [[Gross domestic product]]  (GDP)
* [[Guide to risk management]]
* [[Natural resources]]
* [[Operational risk]]
* [[Political risk]]
* [[Risk]]
* [[Risk identification]]
* [[Risk management]]
* [[Sovereign risk]]
* [[Systemic risk]]
* [[Transition risk]]
* [[Weather risk]]
* [[World Economic Forum]]  (WEF)


==See also==


* [[Off the run]]
==Other resource==
*[https://www3.weforum.org/docs/WEF_Global_Risks_Report_2023.pdf Global Risks Report 2023 - World Economic Forum]


[[Category:Corporate_financial_management]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Long_term_funding]]
[[Category:Manage_risks]]
[[Category:Treasury_operations]]
[[Category:Risk_frameworks]]
[[Category:Financial_products_and_markets]]
[[Category:Risk_reporting]]

Latest revision as of 23:51, 26 April 2023

Global risks - interactions.

A polycrisis is a situation in which multiple global risks occur at the same time, interacting with compounding effects, such that the overall impact exceeds the sum of each part.

Source: World Economic Forum (WEF) - Global Risks Report 2023 - p57.


See also


Other resource

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