by Mok Man-fai, Mansfield. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1990. / Bibliography: leaves 49-50. / ABSTRACT --- p.i / ACKNOWLEDGEMENT --- p.ii / TABLE OF CONTENTS --- p.iii / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- EURODOLLAR FUTURES AND OPTIONS --- p.3 / Eurodollar Futures --- p.3 / Hedging With Eurodollar Futures --- p.4 / Options On Eurodollar Futures --- p.5 / Contract Type --- p.5 / Contract Style --- p.6 / Contract Lifespan --- p.6 / Contract Value --- p.6 / Hedging With Eurodollar Options --- p.7 / Naked Positions --- p.7 / Chapter III. --- ASSET/LIABILITY MANAGEMENT --- p.9 / Gap Concept --- p.10 / Gap Analysis --- p.11 / Types of Gaps --- p.12 / Positive And Negative Gaps --- p.13 / Voluntary And Involuntary Gaps --- p.13 / Chapter IV. --- HEDGING THE GAP --- p.14 / Macro Hedge --- p.14 / Micro Hedge --- p.17 / Macro Hedge vs Micro Hedge --- p.17 / Chapter V. --- HEDGING METHODOLOGY --- p.19 / Cross Hedge Basis Risk --- p.20 / Hedge Ratio --- p.20 / Time Basis Risk . . --- p.21 / Basic Hedge With No Time Basis Risk --- p.23 / Example 1: Single 90-Day Gap --- p.24 / Example 2: Single 30-Day Gap --- p.24 / Example 3: Single 180-Day Gap --- p.25 / Example 4: Series of 90-day gaps --- p.25 / Example 5: Series of 30-Day Gaps --- p.26 / Basic Hedge With Time Basis Risk --- p.27 / Hedging Of A Series Of Liability Issues --- p.32 / Strip hedge --- p.32 / Stack hedge --- p.33 / Chapter VI. --- OPTIONS AND FUTURES --- p.35 / Similarities and Differences --- p.35 / Merits And Demerits --- p.37 / Chapter VII. --- REASONS FOR HEDGING --- p.39 / Merits --- p.39 / Demerits --- p.40 / Chapter VIII. --- THE SITUATION IN HONG KONG --- p.42 / Chapter IX. --- CONCLUSION --- p.45 / APPENDIX --- p.47 / BIBLIOGRAPHY --- p.49
Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_318520 |
Date | January 1990 |
Contributors | Mok, Man-fai., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
Publisher | Chinese University of Hong Kong |
Source Sets | The Chinese University of Hong Kong |
Language | English |
Detected Language | English |
Type | Text, bibliography |
Format | print, iv, 50 leaves : ill. ; 30 cm. |
Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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