Interest rate derivatives是什么_2023年ACCA考試FM知識(shí)點(diǎn)

來(lái)源：東奧會(huì)計(jì)在線責(zé)編：田彤2023-06-14 09:23:44

種子牢記著雨滴獻(xiàn)身的叮囑,，增強(qiáng)了冒尖的勇氣,。acca是“國(guó)際注冊(cè)會(huì)計(jì)師”證書，含金量比較高,，但報(bào)考門檻低,。每年都有大量考生報(bào)考,。今天為同學(xué)們整理了FM科目Interest rate derivatives(利率衍生品)相關(guān)知識(shí)點(diǎn)，正在備考的同學(xué)們來(lái)看看吧。

【內(nèi)容導(dǎo)航】

Interest rate derivatives-利率衍生品

【知識(shí)點(diǎn)】

Interest rate derivatives-利率衍生品

Interest rate futures are similar in effect to FRAs, except that the terms, amounts and periods are standardised.

The futures’ price fluctuating comply with the following logic:

? A rise in interest rates reduces futures prices.

? A fall in interest rates increases futures prices.

So the future market can provide a mechanism which create the following result:

Loan loses, future wins, or loan wins, future loses. So the interest rate is locked.

(a) Borrowers will wish to hedge against an interest rate rise by selling futures now and buying futures on the day that the interest rate is fixed.

(b) Lenders will wish to hedge against the possibility of falling interest rates by buying futures now and selling futures on the date that the actual lending starts.

努力向上的開(kāi)拓,，才使彎曲的竹鞭化作了筆直的毛竹,。以上就是為大家整理的acca考試相關(guān)知識(shí)點(diǎn)，2023年9月acca考試在即,，同學(xué)們要抓緊時(shí)間復(fù)習(xí),。

注：以上內(nèi)容來(lái)自FM精講班第39講

(本文為東奧會(huì)計(jì)在線原創(chuàng)文章，僅供考生學(xué)習(xí)使用,，禁止任何形式的轉(zhuǎn)載)

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