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Ansatzpunkte eines professionellen Zinsmanagements als Grundlage zur Reduzierung von Zinsrisiken und Zinskosten

Ansatzpunkte eines professionellen Zinsmanagements als Grundlage zur Reduzierung von Zinsrisiken und Zinskosten

          
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About the Book

Studienarbeit aus dem Jahr 2009 im Fachbereich BWL - Investition und Finanzierung, Note: 1,7, FOM Essen, Hochschule für Oekonomie & Management gemeinnützige GmbH, Hochschulleitung Essen früher Fachhochschule, Sprache: Deutsch, Abstract: 1 Einleitung "Zur Überwindung der Sintflut musste sich bereits Noah an die technischen Bauvorschriften von Gott halten und Risiken präventiv reduzieren." Selbst Noah konnte sich nicht einfach in die Arbeit stürzen ohne sich gegen eventuelle Risiken abzusichern. Auch in unserer modernen Welt die immer komplexer und schneller wird, müssen Risiken reduziert werden. In den letzten Jahren fand eine verstärkte Öffnung der Geld und Kapitalmärkte statt. Dies war verbunden mit Chancen aber zugleich auch mit Risiken. Auch die Finanzmärkte waren diesem Vabanquespiel, das nun nicht mehr nur auf nationaler Ebene bestand, ausgesetzt. Vermehrt waren/sind die Märkte den globalen Zinsänderungen ausgesetzt, diese erhöhte Volatilität brachte ein erhöhtes Zinsänderungsrisiko mit sich. Auch die Finanzkrise wirkte sich auf die Volatilität der Zinsmärkte aus. Im europäischen Raum senkte die EZB den Leitzins seit Januar 2008 von 4 % auf bis heute 1,00%. Dies entspricht einem Rückgang von 75% und stellt somit ein erhebliches Wagnis dar. Seit den siebziger Jahren haben sich Zinsderivate nach deren Einführung als unverzichtbare Instrumente im Risikomanagement entwickelt. Zinsderivate stellen besonders im Bereich Kreditfinanzierung ein wichtiges Instrument zur Steuerung der Zinsausgaben dar. Aber auch Privatpersonen können sich mittlerweile über solche Finanzinstrumente gegen Zinsschwan-kungen absichern. Gerade für die Planungssicherheit ist es wichtig Zinszahlung mittel- bis langfristig festzuschreiben. Ebenso ist es möglich Risiken losgelöst vom Grundgeschäft zu betrachten, und bieten somit zusätzliche Chancen am Kapitalmarkt. Auf diese Möglichkeiten wird im Verlauf der Seminararbeit eingegangen. Zinsderivate spielen also weltweit eine substanzielle R


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Product Details
  • ISBN-13: 9783656187677
  • Publisher: Grin Publishing
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 2 mm
  • Width: 148 mm
  • ISBN-10: 3656187673
  • Publisher Date: 26 May 2012
  • Height: 210 mm
  • No of Pages: 32
  • Series Title: German
  • Weight: 54 gr


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Ansatzpunkte eines professionellen Zinsmanagements als Grundlage zur Reduzierung von Zinsrisiken und Zinskosten
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