TY  - BOOK
AU  - Macrae,Victor
TI  - Mastering interest rate risk strategy: a practical guide to managing corporate financial risk 
SN  - 9781292017563
AV  - HG6024.5 .M33 2015
U1  - 658.15/5 23
PY  - 2015///
CY  - New York
PB  - Pearson
KW  - Interest rate risk
KW  - Corporations
KW  - Finance
KW  - Management
KW  - Derivative securities
KW  - fast
N1  - Includes bibliographical references (pages 205-206) and index; Acknowledgements -- About the author -- Preface -- Introduction -- Key learning points from past derivatives blunders -- Understanding the firm's exposure to interest rate risk -- Four sources of exposure to interest rate risk -- Bank financing as primary source of exposure -- Measuring the impact of interest rate risk on the firm -- The financial markets -- Financial statement impact from interest rate movements -- Hedging makes sense under specific circumstances only -- Hedging theory -- Selecting the best possible derivative -- Interest rate derivatives -- Linear derivatives -- Options -- How to formulate the optimal strategy : the analytical method -- The macrae risk reduction rules(R) -- Afterword -- Appendix i: central case, trader -- Appendix ii: proof of the analytical method -- Appendix iii: MiFID customer protection regulations regarding derivatives -- Notes -- Glossary -- Index
ER  -