Slide 1Chapter 71 CHAPTER 7 INTEREST RATE FUTURES In this chapter, we explore one of the most successful innovations in the history of futures markets; that is, interest…

Slide 1Class 11 Bond Futures and Hedging Interest-Rate Risk FIXED INCOME ANALYSIS Slide 2 Outline Futures contracts and forward contracts Basic features of various interest-rate…

Chapter 10 T-bill and Eurodollar Futures • One can use T-bill and Eurodollar futures to speculate on, or hedge against changes in, short-term (3-months to a year) interest…

Slide 1Ch26, 28 & 29 Interest Rate Futures, Swaps and CDS Interest-rate futures contracts Pricing Interest-rate futures Applications in Bond portfolio management Interest…

Slide 1 © 2004 South-Western Publishing 1 Chapter 11 Fundamentals of Interest Rate Futures Slide 2 2 Outline Interest rate futures – yield curve Treasury bills, eurodollars,…

Slide 1 12345 1 5th Lecture 10 th November 2003 Slide 2 12345 2 FRAs (Swaplets) and Interest Rate Futures contracts Forward rate agreements - exchanges of fixed rate for…

Slide 1 © 2002 South-Western Publishing 1 Chapter 11 Fundamentals of Interest Rate Futures Slide 2 2 Outline Interest rate futures Treasury bills, Eurodollars, and their…

Slide 1 chapter 13 Financial Derivatives Slide 2 Copyright © 2002 Pearson Education Canada Inc. 13- 2 Spot, Forward, and Futures Contracts A spot contract is an agreement…

Slide 1 25-0 McGraw-Hill Ryerson © 2003 McGraw–Hill Ryerson Limited Corporate Finance Ross  Westerfield  Jaffe Sixth Edition 25 Chapter Twenty Five Derivatives and…

Slide 1 Financial Risk Management for Insurers 1. Futures Contracts 2. Interest Rate Futures Slide 2 Overview What is a futures contract? How does a futures contract differ…