Did you know that your browser is out of date?
For the best experience we recommend upgrading to the latest version of these supported browsers:
I wish to continue viewing on my unsupported browser
FAS 133
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.