Mastering Interest Rate Risk Strategy

APPENDIX II

Proof of the analytical method

The analytical method has been tried and tested in the following ways:

1. The analytical method has been licensed to the treasury sales department of a major Dutch bank and was distributed internationally in a training manual. It was thoroughly checked by the staff of the treasury sales department before distribution. All treasury sales advisors must read the manual and are tested on their knowledge of the analytical method and its use in practice. Furthermore, dozens of treasury sales advisors of the bank are working with the analytical method on a daily basis. In assessments I have examined the treasury advisors on their knowledge and correct use of the analytical method.
2. The analytical method has ...