Corporate Treasury and Cash Management Book

	List of Figures
	List of Tables
	Acknowledgements
Pt. I	Risk Management	1
1	Risk Management: Introduction	3
2	Treasury Policies for Debt, Foreign Exchange and Interest Rate Exposure Management	25
3	Debt Capacity	55
Pt. II	Financing Alternatives	75
4	Bank Finance	77
5	Bond Valuation and Credit Ratings	102
6	The Bond Markets	120
7	Specialist Financings: Asset Securitization	145
Pt. III	The Use of Derivatives to Manage Risk	167
8	An Outline of Options	169
9	Foreign Exchange (FX) Markets and Derivatives	180
10	Interest Rate Risk Derivatives and Their Use in Managing Financial Risk	209
11	Zero-Coupon Interest Rates, Forward-Forward Rates, Counterparty Exposure for Derivatives and Contracts for Derivatives	238
12	Risk Management Summary and Use of Derivatives	257
Pt. IV	Cash and Liquidity Management	263
13	Domestic Payment and Collection Instruments and Domestic Clearing	265
14	International Payments and Receipts	286
15	Pooling and Cash Concentration and Intercompany Netting	300
16	Liquidity Management	321
Pt. V	Managing the Treasury Department, Treasury Systems, Tax and Accounting	349
17	Managing the Treasury Function	351
18	Treasury Systems	375
19	Tax and Accounting	384
App	LIBOR Fixings	388
	Glossary	389
	Index	410
	Spreadsheets	416