Provides both theory and practical case studies for making sense out of the hundreds of risk management tools available in the industry today. This volume, with chapters contributed by leading experts in all areas of interest-rate management, covers the basics of interest rates and interest-rate risk. It provides comprehensive overviews of the available measuring tools, and explores the risk management concepts, strategies, and tactics.
The book provides all the guidance, tools, and techniques needed to successfully assess and manage every area of interest-rate risk and also analytical framework to assess and manage interest-rate risk in a way that will add value to decision process.