Asset / Liability and Liquidity Management historical perspective

This series discusses the management of liquidity and associated risks in the context of transparency for internal and external stakeholders. It provides an overview of the critical need for transparency regarding market and funding liquidity risks, particularly the need for financial institutions to absorb the risk of maturity mismatches as part of their fundamental role in intermediation. Basic concepts in asset–liability management are discussed, including maturity and liquidity gaps and duration and funding source diversity.