Term Structure Academy
Term Structure Academy

Latest

Apr
03
What is Fiscal Policy? How is it Different from Monetary Policy?

What is Fiscal Policy? How is it Different from Monetary Policy?

Understanding Fiscal and Monetary Policy Fiscal and monetary policies are essential tools used by governments and central banks to manage
3 min read
Mar
28
What is the Bank of England (BOE)? What are its Objectives?

What is the Bank of England (BOE)? What are its Objectives?

Introduction The Bank of England (BoE) is the central bank of the United Kingdom and the model for many modern
2 min read
Mar
28
What is the Bank of Japan (BoJ)? What are its Objectives?

What is the Bank of Japan (BoJ)? What are its Objectives?

Introduction The Bank of Japan (BoJ) is the central bank of Japan and is responsible for implementing monetary policy, issuing
2 min read
Mar
28
What is the Federal Reserve (FED)? What are its Objectives?

What is the Federal Reserve (FED)? What are its Objectives?

The Federal Reserve, often referred to simply as "the Fed," is the central banking system of the United
3 min read
Mar
28
What is the European Central Bank (ECB)? What are its Objectives?

What is the European Central Bank (ECB)? What are its Objectives?

Introduction The European Central Bank (ECB) is the central bank for the eurozone, which consists of 19 of the 27
2 min read
Mar
20
Bank of Japan: A Paradigm Shift on Negative Interest Rates?

Bank of Japan: A Paradigm Shift on Negative Interest Rates?

Introduction In a move that has caught the attention of financial markets worldwide, the Bank of Japan (BoJ) recently announced
2 min read
Mar
20
Navigating Interest Rate Benchmarks: A Guide To Understanding SOFR, ESTR, SONIA, TONAR, and the Transition from LIBOR

Navigating Interest Rate Benchmarks: A Guide To Understanding SOFR, ESTR, SONIA, TONAR, and the Transition from LIBOR

LIBOR stands for the London Interbank Offered Rate. This is a benchmark interest rate that indicates the average interest rate
4 min read
Mar
20
Interest Rate Derivatives and Cross-Currency Applications

Interest Rate Derivatives and Cross-Currency Applications

Interest Rate Parity (IRP) is one of the most important theories in finance. It links the interest rates, exchange rates,
9 min read
Mar
20
Understanding Risk-Free Securities and Their Role in Financial Markets

Understanding Risk-Free Securities and Their Role in Financial Markets

What is a risk-free security? This is a really philosophical question and the best way to answer this question is
3 min read
Mar
20
The Relationship Between the Time Value of Money, Fixed Income, and the Term Structure of Interest Rates

The Relationship Between the Time Value of Money, Fixed Income, and the Term Structure of Interest Rates

The time value of money (TVM) is a financial concept that recognizes the         idea that a sum of money today
5 min read