Page 11 - MONECO Financial Training Catalogue

INTEREST RATE RISK HEDGING WORKSHOP

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12 –13 • Breaking the hedge – what happens when and hedging policies. Participants will be
Lunch the hedge is no longer needed? given some company annual reports and
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13 –17 00 – How do banks compute break costs? asked to find evidence of interest rate
Hedge Lifecycle Exercise: risk calculations and risk management
• How to deal with changing effect of yield curve shape on carry and policies. Participants will be invited to
circumstances? break costs draw conclusions on the logic behind the
– Using rolling hedges hedging policy and the hedging products
– Pre-hedging known future exposures Analysis of Real Company Hedging chosen.
• Evolution of hedge P/L Decisions Termination and Evaluation of the
– What effect does the shape of the In this session, we analyse some real Workshop
yield curve have? company interest rate hedging decisions
– Dealing with curve roll down and
negative carry

Lecturer: Mark Taylor
Mark spent 10 years as an FX and interest rate derivatives trader in London, HK
and New York before moving into financial training, where he has spent the last
9 years. His trading experience spans vanilla and exotic products having run
profitable businesses across the derivatives product spectrum.
Mark graduated from the University of Bristol with a first-class degree in
Aeronautical Engineering. He had a brief stint as an aerodynamicist working on
military aircraft design for BAe Systems, before moving into finance, first with
Deutsche Bank and then RBS.
After leaving finance Mark bought, ran and subsequently sold a retail business;
in the process developing a first-hand understanding of company valuation,
accounting, as well as company financing and risk management.
Mark uses his experience in financial markets and the corporate world to run engaging training courses
across both the markets and corporate finance disciplines.

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