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Implementing interest rate swaps in the risk management of a credit institute – a practical analysis

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Resumo:This Work Project has been developed in the course of an internship done at a credit institute and analyzes hedging strategies based on interest rate swaps that enable isolated management of interest rate risk. It follows a practical approach to test five fair value hedges, which are thought to immunize against different term structure shifts. Additionally, a strategy is devised that hedges interest rate risk in forecasted earnings, which is expressed by an earnings shortfall below certain minimum threshold values in different planning scenarios.
Autores principais:Beermann, Tim
Assunto:Interest rate risk Interest rate swap Immunization Hedging
Ano:2019
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
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author Beermann, Tim
author_facet Beermann, Tim
author_role author
contributor_name_str_mv Eça, Afonso Fuzeta
RUN
country_str PT
creators_json_txt [{\"Person.name\":\"Beermann, Tim\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Eça, Afonso Fuzeta
RUN
datacite.creators.creator.creatorName.fl_str_mv Beermann, Tim
datacite.date.Accepted.fl_str_mv 2019-01-23T00:00:00Z
datacite.date.available.fl_str_mv 2019-05-22T14:21:01Z
datacite.date.embargoed.fl_str_mv 2019-05-22T14:21:01Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Interest rate risk
Interest rate swap
Immunization
Hedging
datacite.titles.title.fl_str_mv Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
dc.contributor.none.fl_str_mv Eça, Afonso Fuzeta
RUN
dc.creator.none.fl_str_mv Beermann, Tim
dc.date.Accepted.fl_str_mv 2019-01-23T00:00:00Z
dc.date.available.fl_str_mv 2019-05-22T14:21:01Z
dc.date.embargoed.fl_str_mv 2019-05-22T14:21:01Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/70412
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Interest rate risk
Interest rate swap
Immunization
Hedging
dc.title.fl_str_mv Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_bdcc
description This Work Project has been developed in the course of an internship done at a credit institute and analyzes hedging strategies based on interest rate swaps that enable isolated management of interest rate risk. It follows a practical approach to test five fair value hedges, which are thought to immunize against different term structure shifts. Additionally, a strategy is devised that hedges interest rate risk in forecasted earnings, which is expressed by an earnings shortfall below certain minimum threshold values in different planning scenarios.
dirty 0
eu_rights_str_mv openAccess
format masterThesis
fulltext.url.fl_str_mv https://run.unl.pt/bitstreams/f23a4582-8a48-41e2-be70-2624b6462199/download
id run_ae4430a820f6b3ce41dddbe4efcd80bc
identifier.url.fl_str_mv http://hdl.handle.net/10362/70412
inst_facet_str urn:organizationAcronym:unl{{{_:::_}}}Universidade Nova de Lisboa
instacron_str unl
institution Universidade Nova de Lisboa
instname_str Universidade Nova de Lisboa
language eng
network_acronym_str run
network_name_str Repositório Institucional da UNL
oai_identifier_str oai:run.unl.pt:10362/70412
organization_str_mv urn:organizationAcronym:unl
person_str_mv Beermann, Tim
publishDate 2019
repo_facet_str urn:repositoryAcronym:run{{{_:::_}}}Repositório Institucional da UNL
reponame_str Repositório Institucional da UNL
repository_id_str urn:repositoryAcronym:run
service_str_mv urn:repositoryAcronym:run
spelling engpt_PTThis Work Project has been developed in the course of an internship done at a credit institute and analyzes hedging strategies based on interest rate swaps that enable isolated management of interest rate risk. It follows a practical approach to test five fair value hedges, which are thought to immunize against different term structure shifts. Additionally, a strategy is devised that hedges interest rate risk in forecasted earnings, which is expressed by an earnings shortfall below certain minimum threshold values in different planning scenarios.application/pdfpt_PTImplementing interest rate swaps in the risk management of a credit institute – a practical analysisBeermann, TimEça, Afonso FuzetaHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2022264502019-05-22T14:21:01Z2019-01-232019-01-23T00:00:00ZHandlehttp://hdl.handle.net/10362/70412http://purl.org/coar/access_right/c_abf2open accessInterest rate riskInterest rate swapImmunizationHedging689589 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/f23a4582-8a48-41e2-be70-2624b6462199/download
spellingShingle Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
Beermann, Tim
Interest rate risk
Interest rate swap
Immunization
Hedging
status SINGLETON
subject.fl_str_mv Interest rate risk
Interest rate swap
Immunization
Hedging
title Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
title_full Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
title_fullStr Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
title_full_unstemmed Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
title_short Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
title_sort Implementing interest rate swaps in the risk management of a credit institute – a practical analysis
topic Interest rate risk
Interest rate swap
Immunization
Hedging
topic_facet Interest rate risk
Interest rate swap
Immunization
Hedging
url http://hdl.handle.net/10362/70412
visible 1