Navigating Price Bands and Delta Risk in Interest Rate Options

A regular client calls you, concerned that the long-duration gilt fund in their portfolio will bleed value if the RBI signals a surprise repo rate hike. You suggest hedging with exchange-traded interest rate options, but...

Navigating the Regulatory Framework for Indian Interest Rate Derivatives

A regular query in my practice involves HNIs asking if they can use sophisticated interest rate products to hedge their bond portfolios, similar to how they trade equity futures. When explaining Interest Rate Options, it...

The Role of FIMMDA in Interest Rate Derivatives Oversight

Consider a situation where a sophisticated HNI client questions the integrity of the settlement prices used in their interest rate derivative hedging strategy. While you might be comfortable explaining the mechanics of...