Mastering Interest Rate Risk Strategy - A Practical Guide to Managing Corporate Financial Risk - Grand Format

Interest rate changes will affect most firms because they will have interest bearing assets or liabilities. As a result, interest rate movements can have an unfavourable impact and managing interest rate risk can be highly beneficial for the firm. But high-profile derivatives blunders show that this is no easy task. In Mastering Interest Rate Risk Strategy, Victor Macrae shows you how to avoid the mis-selling of derivatives and derivatives blunders and how to set up an optimal interest rate risk strategy.
Mastering Interest Rate Risk Strategy includes : - Past derivatives blunders and how you can learn from them, - A proven analytical method for strategy formulation, - Hedging theory, - Bank financing for non-financial firms, - How movements in the financial markets may affect the firm, - Financial statement impact of interest rate risk, The working and risks of using swaps, FRA's, caps, floors, collars and swaptions.