Asset and Liability Management in the Developing Countries: Modern Financial Techniques : a Primer, Issue 454The increased volatility of exchange rates, interest rates, and primary commodity prices over the last two decades has high- lighted the importance for developing countries of managing these risks. |
Contents
Introduction | 1 |
Modern Financial Tools for Risk Management | 12 |
Applying Modern Financial Techniques | 30 |
4 other sections not shown
Common terms and phrases
asset and liability bond buyer call options cash flows Chase commercial banks commodity price risk commodity swap contracts are available copper price copper swap credit risk currency and interest currency option currency swap deutsche mark developing countries DM 2 mil DM 2 million Eurodollar futures contracts example exchange rate exporter external debt financial instruments financial market financial prices fixed interest Fixed Price floating interest Floating Price floating rate loan forward contracts future net cash future price gold hedging activities interest payment interest rate risk interest rate swaps liability management LIBOR liquid London Metal Exchange long-term maturity objective function oil options oil price one-year interest rate Paribas period price movements price of oil purchase put option repayment reset date revenue reverse floating rate risk exposure risk management sell six months Sonatrach specific strike price swap contract syndicate Table three-month interest rate trading U.S. dollars underlying asset