Interest-rate Risk Reduction Through Participation in the Treasury Bill Futures Market
Author: Andrew J. Senchack
Publisher:
Published: 1978
Total Pages: 21
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: Andrew J. Senchack
Publisher:
Published: 1978
Total Pages: 21
ISBN-13:
DOWNLOAD EBOOKAuthor: Naomi L. Jaffe
Publisher:
Published: 1979
Total Pages: 94
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1986
Total Pages: 164
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher: Lulu.com
Published: 2004
Total Pages: 294
ISBN-13: 9291316695
DOWNLOAD EBOOKAuthor: Marcia L. Stigum
Publisher: McGraw-Hill Professional Publishing
Published: 1983
Total Pages: 764
ISBN-13:
DOWNLOAD EBOOK**** The first edition (1978) is cited in BCL3 (the 1983 edition was not noticed by the editors?). This is the standard reference on the subject, updated to cover developments since 1983. New or substantially revised chapters cover interest-rate swaps, medium-term notes (including bank deposit notes) futures (Treasury and Euro), options, loan-participation sales, banking (domestic and Euro), and the commercial paper market. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Leonardo Martinez-Diaz
Publisher: U.S. Commodity Futures Trading Commission
Published: 2020-09-09
Total Pages: 196
ISBN-13: 057874841X
DOWNLOAD EBOOKThis publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742
Author: Mr.Ralph Chami
Publisher: International Monetary Fund
Published: 2020-03-13
Total Pages: 26
ISBN-13: 1513531867
DOWNLOAD EBOOKInvestors seek to hedge against interest rate risk by taking long or short positions on bonds of different maturities. We study changes in risk taking behavior in a low interest rate environment by estimating a market stochastic discount factor that is non-linear and therefore consistent with the empirical properties of cashflow valuations identified in the literature. We provide evidence that non-linearities arise from hedging strategies of investors exposed to interest rate risk. Capital losses are amplified when interest rates increase and risk averse investors have taken positions on instruments with longer maturity, expecting instead interest rates to revert back to their historical average.
Author: John J. Stephens
Publisher: John Wiley & Sons
Published: 2002-03-12
Total Pages: 208
ISBN-13:
DOWNLOAD EBOOKThis book tackles the subject of interest rate risk, a matter of key importance to all businesses, whether borrowing, investing, saving or trading.
Author: Antoine Bouveret
Publisher: International Monetary Fund
Published: 2015-10-13
Total Pages: 44
ISBN-13: 1513576224
DOWNLOAD EBOOKChanges in the structure of the U.S. Treasury market over recent years may have increased risks to financial stability. Traditional market makers have changed their liquidity provision by increasingly switching from risk warehousing to risk distribution, and a new breed of market maker has emerged with the rise of electronic trading. The “flash rally” of October 15, 2014 provides a clear example of how those risks can materialize. Based on an in-depth analysis of the event—complementing the authorities’ work—we suggest i) providing incentives for liquidity provision, ii) improving market safeguards, and iii) enhancing the regulation of the Treasury market.
Author: Mr.Peter Dattels
Publisher: International Monetary Fund
Published: 1995-11
Total Pages: 106
ISBN-13:
DOWNLOAD EBOOKThis paper applies the “market microstructure” literature to the specific features of government securities markets and draws implications for the strategy to develop government securities markets. It argues for an active role of the authorities in fostering the development of efficient market structures.