AFM知识点汇总——Interest rate futures contracts

来源: 正保会计网校编辑：梨 2022/07/15 16:43:54　字体：大小

Interest rate futures contracts

Interest rate futures can be used to hedge against interest rate changes between the current date and date at which the rate on the lending or borrowing is set. Borrowers sell futures to hedge against interest rate rises. Lenders buy futures to hedge against interest rate falls.

Advantage：

1) Cost of interest futures are reasonably low.

2) A company can hedge relatively large exposures of cash with a relatively small

Disadvantage：

1) Inflexibility of terms traded interest rate futures are for fixed periods and cover begins in March, June, September or December. initial employment of cash. Contracts are for fixed, large, amounts, so may not entirely match the amount being hedged.

2) The company may be liable to the risk that the price of the futures contract may not move in the expected direction. 3)The company will have to settle daily profits or losses on the contract.

以上内容仅供大家学习参考，鸟欲高飞先振翅，人求上进先读书，祝每位同学都能在接下来的考试中取得好成绩！正保会计网校在特许注册会计师ACCA培训方面积累了丰富的经验，可以帮助考生抓住重点，节约备考时间，少走弯路。网校为大家准备了特许注册会计师ACCA课程。点击了解特许注册会计师ACCA招生方案>>