In an extreme case, it is possible that the monetary stance of the central bank may be dominated by concerns about protecting weak banks since central banks may view a “failed bank” as a blot on their reputation. 24. Whether central banks should also be regulating and supervising banks is an issue that has frowned on moderation.
Types of pension plans Defined benefit plan  Defined contribution plan  • Benefit determined by a set formula  • Benefit depends on contributed amount and investment returns  • Sponsor bears investment or longevity risk  • Retiree bears investment and longevity risk  No matter who bears the risks, instruments for investment and longevity risk bearing and hedging are needed  DANMARKS NATIONALBANK  11  Long-term government bonds The ultra-long government bonds are not a recent invention.