This White Paper explores certain key areas companies should consider when "operationalising" the new hedge accounting rules of IFRS 9 for xccy swaps. Futhermore, it provides a suggested model for defining and measuring the impact of the cross currency basis component of xccy swap valuation to achieve optimal hedge accounting under IFRS 9.
The updated guidance introduces a new way to deal with off-market hedging relationships.
The major U.S. equity indices moved lower on the week as fears of a resurgence of COVID-19 in the U.S. dominated headlines and soured investor sentiment.
If your refinancing discussions with lenders include considering a change to interest rate floors, you should evaluate the potential hedging and hedge accounting impacts of this transaction.
Financial markets continue to search for a new equilibrium and organizations should proactively review foreign exchange hedging programs.
Recent FASB decisions on the accounting impacts of COVID-19 created a gray area subject to interpretation and potential manipulation. Consistent, accurate accounting treatment will be critical.
Many organizations, especially public companies, choose to apply hedge accounting to align the economics and the accounting for financial derivatives.
To understand hedging, you must first understand the interest rate, foreign currency, and commodity markets, how they function, and how treasury teams operate within those markets.
This webinar examines current market conditions, drivers and indicators, communications from the Fed, along with potential opportunities and concerns for financial risk management programs.
The Saudi/Russia price war, coupled with steady declines in consumption, sent prices for crude and products into free fall, which can meaningfully impact fuel hedging programs.
Forecasts for many companies have significantly changed, therefore impacting both FX and commodity hedging programs, and the accounting for these programs.
With the coronavirus pandemic creating a ripple effect in the economy, Amol Dhargalkar discusses how companies are looking to enhance their liquidity positions and secure access to credit with AFP.
Amol Dhargalkar discusses how corporate borrowers are moving quickly to lock in lower interest rates even as the coronavirus outbreak stops bond issuance in its tracks with Risk.net
hedging and COVID-19: How can your company address its financial risk management program in light of these unprecedented times?
Investment accounting professionals can add significant value by proactively preparing, both technically and operationally, to support new hedging strategies.
Driven by the Coronavirus, U.S. Treasury rates reached all-time lows. Treasurers can take advantage by swapping floating rate debt to fixed and hedging future debt issuances out as far as two years.
Multiple standard deviation movements in currency rates since the COVID-19 pandemic unfolded has brought FX to the forefront. Here’s a list of common FX questions that Chatham has fielded.
New accounting standards and evolving geo-political climate present opportunities to bridge the gap between risk exposure and hedging practices
If your organization has London InterBank Offered Rate (LIBOR)-based contracts, the phaseout of LIBOR (i.e., reference rate reform) may impact your existing hedges and hedging relationships.
Today's flat-to-inverted yield curve represents an opportune time for companies with floating interest rate risk to lock in a level of certainty at a favorable rate.
Amol Dhargalkar discusses Chatham Financial's benchmark study report, which showed that early adopters of the new hedge accounting standard drove an uptick in the use of hedge accounting.
In this installment of Chatham’s semi-annual market update webinar series, we will examine current market conditions, drivers, and indicators, as well as communications from the Fed . . .