Praise for Mastering Interest Rate Risk Strategy

Mastering Interest Rate Risk Strategy is a wonderful and easy to read tour of interest rate risk and its management, and mismanagement, by non-financial firms. Starting with some of the recent large derivative blunders, the book then deftly walks the reader through the basic theory on how to best understand, measure and manage interest rate risk in a very user friendly way. Anyone who wants to better understand why and how non-financial firms should be dealing with interest rate risk should read this book.‘

Gordon M. Bodnar, Morris W. Offit Professor on International Finance, Johns Hopkins University, USA

‘Macrae’s guide is an excellent cookbook for financial managers that want to manage interest ...

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