Developing some of the themes of Managing currency risk and Managing commodity risk, this book tackles the subject of Interest Rate Risk, a matter of key importance to all business. Whether borrowing, investing, saving or trading, a company will always have to take into account the cost of capital and therefore interest rate risk. This highly practical guide explains, in a form that is accessible to all financially literate managers, a variety of methods of minimising interest rate risk. Starts from basic principles, it explains in detail the potential techniques allowing those without prior knowledge to understand the nature and use of a variety of financial tools, including all forms of derivative instruments. The book is the third part of the trilogy on market risk.
Book Details:
- Author: John J. Stephens
- ISBN: 9780470358092
- Year Published: 2002
- Pages: 200
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Developing some of the themes of Managing currency risk and Managing commodity risk, this book tackles the subject of Interest Rate Risk, a matter of key importance to all business. Whether borrowing, investing, saving or trading, a company will always have to take into account the cost of capital and therefore interest rate risk. This highly practical guide explains, in a form that is accessible to all financially literate managers, a variety of methods of minimising interest rate risk. Starts from basic principles, it explains in detail the potential techniques allowing those without prior knowledge to understand the nature and use of a variety of financial tools, including all forms of derivative instruments. The book is the third part of the trilogy on market risk.
Part of the IIA Series, this is a clear practical guide to a subject of key importance to financial managers explained in a highly accessible style.
International examples and case studies. * Highly practical approach. * Accessible to financially literate managers with no prior experience in such matters. * Broad experience of the author in business, financial and legal environments. * Will help businesses to manage risk in turbulent economic conditions. * Endorsed by the IIA.
About the Author
JOHN J. STEPHENS has many years’ international business and banking experience. Trained as a lawyer, he subsequently specialised in business related issues and for 10 years was CEO of a management consultancy firm with many large international clients. From 1992 onwards, he worked in the financial services sector for SANLAM and later ABSA Bank, before specialising in futures and options. He now runs a training company specialising in the futures and derivatives markets and is also a non-practicing advocate of the Supreme Court of South Africa.