Interest Rate Risk of European Financial Corporations
โ Scribed by Peter Oertmann*; Christel Rendu; Heinz Zimmermann
- Book ID
- 108559633
- Publisher
- John Wiley and Sons
- Year
- 2000
- Tongue
- English
- Weight
- 347 KB
- Volume
- 6
- Category
- Article
- ISSN
- 1354-7798
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
ost empirical work and empirically oriented illustrations dealing with M the hedging effectiveness of futures contracts utilize either one of two approaches, namely: Risk minimization or payoff maximization. In the first approach, hedging is perceived as a combination of a futures position with an e
e development of futures markets in financial instruments has provided fi-T. nancial intermediaries, among others, with a vehicle for hedging against unanticipated changes in interest rates.' Protection against these fluctuations can benefit lending institutions which have exposed themselves to inte