Mastering interest rate risk management is a core capability of treasury. This comprehensive book brings together both knowledge and best practices in this area. A must-read for financial professionals.
Klaas A. Springer, Corporate Treasurer of FrieslandCampina November 9, 2015
The section on MiFID I and MiFID II, which covers the core legal aspects of customer protection with respect to derivatives advisory and sales, is a clear and easily readable piece that financial professionals dealing with interest rate risk derivatives should be aware of.
Harman Korte, board member of The Netherlands Authority for the Financial Markets November 9, 2015
Macrae’s guide is an excellent cookbook for financial managers that want to manage interest rate risks. The hands-on RISK method by Macrae is an academically sound and practically useful approach to manage the interest rate risks in your company. With the blunders we have witnessed in the use of derivatives in the past decades, now it’s time that financial managers study Macrae’s new book in interest rate risk management. With many cases and examples, this book offers guidance in robust risk management techniques.
Abe de Jong, Professor of Corporate Finance and Corporate Governance, Rotterdam School of Management, Erasmus University November 9, 2015
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 November 9, 2015