PUBLIC SECTOR CREDIT FRAMEWORK
PF2 supports the creation of the Public Sector Credit Framework (PSCF), an open source framework for analyzing and rating sovereign, state and municipal bond issuers.
PSCF’s approach is boldly quantitative and consistent. It allows an analyst to set up and run a budget simulation model in an Excel workbook. The analyst also specifies a default point in terms of a fiscal ratio. Annual default probabilities are calculated as the proportion of simulation trials that surpass the default point in a given year.
For more information, please visit: www.publicsectorcredit.org/pscf.html
Like a flight simulator for airline pilots, the goal of the banking simulator is to give the user practice in simulated, but realistic, market and risk scenarios.
In the banking simulator, you'll be the bank’s CEO or CFO. You can decide if your risk management will be weak, moderate, or strong. You must make quarterly decisions to:
Give the simulator a spin: Banking Simulator