Rate

Hedging the Interest Rate Hiking Cycle

November 23, 2023

Where is inflation going? US inflation hit 8.5% in March and is now at a 40-year high. COVID-19–related supply chain issues combined with the Russia–Ukraine war have driven energy prices…

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Splitting the Risk: How to Manage Interest Rate Risk in Project Finance

Saudi Arabia’s economy is surging. The debt market tells the story: Banks in the Kingdom have extended more than SAR 2.2 trillion — that’s $587 billion in US dollars — in credit…

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Project Finance: Beware Interest Rate Miscalculations

November 13, 2023

Interest rates are like the weather. We can prepare for typical fluctuations, but sudden changes can still catch us by surprise. After the global financial crisis (GFC), for example, we…

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