Interest rate futures: an innovation in financial techniques for the management of risk

Interest rate futures: an innovation in financial techniques for the management of risk

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Interest rate futures: an innovation in financial techniques for the management of risk

BIS Economic Papers | No 12 | 01 September 1984by Allen B FrankelPDF full text (594kb) | 28 pagesIntroductionIn recent years there has been a marked advance in the prominence and status of financial futures markets in the hierarchy of international money and capital markets.

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