Journal Article
New methods for savings and loans to hedge interest rate risk
Abstract: Increased interest rate volatility in recent years has led to a greater volatility in profits at savings and loan associations. To help stabilize their profits, some S&L's are implementing interest rate hedging programs. These programs use financial instruments such as interest rate swaps, financial futures and options on financial futures. Because hedging programs introduce their own risks, S&L's should thoroughly examine all aspects of the programs before employing them.
Keywords: Hedging (Finance); Savings and loan associations; Interest rates;
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File(s): File format is application/pdf https://www.kansascityfed.org/documents/1493/1988-New%20Methods%20for%20Savings%20and%20Loans%20To%20Hedge%20Interest%20Rate%20Risk.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Economic Review
Publication Date: 1988
Volume: 73
Issue: Mar
Pages: 3-15