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Managing Interest Rate Risk

  • Wilbert O. Bascom

Abstract

In response to the unprecedented volatility of interest rates during the 1970s and early 1980s, new financial products were introduced in the markets of developed countries. The products have assisted financial managers in these countries to hedge against the risk associated with such volatility. As developing countries’ domestic interest rates are deregulated, it is likely that these rates will also register high volatility, reflecting at least in part the behavior of the countries’ inflation rates and the effects of integrating their domestic financial markets with the international financial markets.

Keywords

Interest Rate Future Price Future Contract Cash Market Treasury Bill 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Wilbert O. Bascom 1994

Authors and Affiliations

  • Wilbert O. Bascom
    • 1
  1. 1.Bureau of International BankingState of FloridaUSA

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