Treasury Management

Based on the treasury management section of the Open Business School's corporate financial strategy course, this text focuses on the crucial area of risk management. Written from a European perspective, including exercises, examples and discussions, the book covers: defining and managing interest rate risk; defining and managing foreign currency risk; risk management products; and treasury risk management. Recent foreign currency trading losses by major institutional trading companies such as Allied Lyons serve to highlight the importance of the understanding of risks which this text provides. This book should be suitable for third-year undergraduates studying corporate finance, corporate treasurers, MBA students studying treasury management and corporate financial strategy.