Matching: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
imported>Doug Williamson m (Category added 9/10/13) |
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* [[Modified duration]] | * [[Modified duration]] | ||
* [[Portfolio immunisation]] | * [[Portfolio immunisation]] | ||
[[Category:Interest_Rate_Risk]] | |||
Revision as of 13:48, 9 October 2013
1.
Arranging that in a portfolio of assets and liabilities the cash flows generated by the assets can be expected to meet the liability payouts either because the assets generate income of the right amount at the right time or because the market values of the assets are linked to the market values of the liabilities.
2.
Equalising or approximating the modified duration of assets and liabilities in a portfolio, to manage interest rate risk.
3.
Equalising or approximating both the modified duration and the modified convexity of assets and liabilities in a portfolio.
4.
The Accruals concept in accounting.
