Immunisation

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Revision as of 08:34, 27 August 2013 by imported>Doug Williamson (Spacing 27/8/13)
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1.

With respect to a portfolio of liabilities, the investment in a portfolio of assets with the same modified duration such that a change in interest rates will cause no change in the net value of the assets and liabilities in combination.


2.

Similar risk management techniques in relation to other market rates or market prices.


See also