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Journal Articles
Managerial Finance (2025) 51 (2): 206–215.
Published: 22 October 2024
... deposits Interest rate risk Deposit franchise E02 E60 F02 F35 G28 It was generally assumed that banks were exposed to interest rate risk because they borrow at short-term rates and lend at long fixed rates. However, recent research has found evidence that banks naturally hedge interest...

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