Page 220 - AFM Integrated Workbook STUDENT S18-J19
P. 220

Chapter 11




                             1.3  External hedging techniques




                                                Over-the-counter (OTC)            Exchange traded
                                                      instruments                    instruments

                    ‘Fixing’ instruments     Forward rate agreements        Interest rate futures
                                              (FRAs)


                    ‘Insurance’              Interest rate guarantees       Options on interest rate
                     instruments              (IRG)                          futures





























































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