At the end of the course, the participants should be able to:
· Identify and interpret approaches and aims of financial risk management tools;
· Express, through practical examples, the mechanism of cost-at-risk (CAT) bonds for sovereigns;
· Interpret different ratios and indexes related to fixed income securities;
· Illustrate the application and utility of value-at-risk (VaR); and
· Evaluate methodologies developed by third parties on CAT bonds or VaR applications.
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