FAS 133
Advisory Services
The Situation
The International Finance Corporation (IFC), an arm of the World Bank, needed valuation services in order to comply with FAS 133 standards.
NERA's Role
IFC bifurcated structured securities issued by them into "plain vanilla" and embedded derivatives components. NERA then valued these embedded derivatives based on current yield curves and volatilities.
The Result
Our experts continue to value IFC's embedded derivatives on a quarterly basis.
