New methods for savings and loans to hedge interest rate risk
近年来利率波动加剧导致储蓄与贷款机构利润波动增大，本文介绍了使用利率互换、金融期货等工具的对冲计划，并提醒机构在实施前需全面评估其风险。
Increased interest rate volatility in recent years has led to a greater volatility in profits at savings and loan associations. To help stabilize their profits, some S&L's are implementing interest rate hedging programs. These programs use financial instruments such as interest rate swaps, financial futures and options on financial futures. Because hedging programs introduce their own risks, S&L's should thoroughly examine all aspects of the programs before employing them.