The Management of Interest Rate Exposure

Abstract

Discusses the adverse effect on some types of companies when exposed to fluctuations in interest rates. Discusses the different sorts of tools available to protect against fluctuations: forward rate agreements, interest rate swaps and interest rate options. Concludes that whatever option or combination of options is or is not taken, a purely passive approach carries the greatest risk.

Citation

Mitchell, C. and Peake, J.H. (1990), "The Management of Interest Rate Exposure", Journal of Property Finance, Vol. 1 No. 4. https://doi.org/10.1108/09588689010032849