maturity mismatch การใช้

• A maturity mismatch generally refers to the difference between the maturities of a company's assets and liabilities.
• This is sometimes called a "'maturity mismatch "', which can be measured by the duration gap.
• Financial institutions can avoid maturity mismatches between its assets and liabilities by offloading some of its long duration assets-achievable through securitisation.
• Shin argues that " financial firms systematically take more risk as maturity mismatches between those assets and the liabilities used to fund them ".
• "Maturity mismatches " arise when there is a gap between the term structure of debt and the term structure and default.
• While mortgages offer high quality collateral to banks, they are also illiquid over long periods and contribute to the problem of maturity mismatch for banks.
• A maturity mismatch affects a company's ability to survive a period of stress that may limit its access to funding and to withstand shocks in the yield curve.
• Further, these entities were vulnerable because of maturity mismatch, meaning that they borrowed short-term in liquid markets to purchase long-term, illiquid and risky assets.
• However, maturity mismatches are not confined to the use of short-term liabilities and can exist at any point in the maturity schedule of a nonbank financial company's assets and liabilities.
• International banking supervisors should devise and enforce " strict prudential standards, including those relating to foreign borrowing, particularly when this entails maturity mismatches and exchange rate risk, " says the report.
• Governments may be especially vulnerable to a sovereign debt crisis when they rely on financing through short-term bonds, since this creates a situation of maturity mismatch between their short-term bond financing and the long-term asset value of their tax base.