Inverse yield curve and Mandate: Difference between pages

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A situation in which market interest rates for longer term funds are lower than those for shorter maturities.
An authoritative command or instruction, for example to a bank by its customer.
 
More specifically, agreements regulating the dealing relationship between the company and its counterparties, authorising people to conduct transactions, possibly applying limits to the size of deals and procedures concerning settlement, and regulating the opening and closing of transactions. 
 
Mandates are a key element of treasury [[controls]] and are an essential mechanism for reducing the company’s dealing risk.


Also known as a negative yield curve.




== See also ==
== See also ==
* [[Negative yield curve]]
 
* [[Phillips curve]]
* [[Bond mandate]]
* [[Yield curve]]
 
 
===Other links===
[http://www.treasurers.org/node/7973 Bank Mandates, Will Spinney, ACT 2012]
 
[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]
[[Category:Cash_management]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 09:13, 11 May 2015

An authoritative command or instruction, for example to a bank by its customer.

More specifically, agreements regulating the dealing relationship between the company and its counterparties, authorising people to conduct transactions, possibly applying limits to the size of deals and procedures concerning settlement, and regulating the opening and closing of transactions.

Mandates are a key element of treasury controls and are an essential mechanism for reducing the company’s dealing risk.


See also


Other links

Bank Mandates, Will Spinney, ACT 2012