Kamatlábkockázat

Kamatlábkockázat, or interest rate risk, refers to the potential loss in value of an investment due to changes in interest rates. This risk is particularly relevant in the context of fixed-income securities, such as bonds, where the value of the investment is directly tied to the interest rate environment. When interest rates rise, the value of existing bonds typically falls, and vice versa. This is because new bonds issued at higher interest rates become more attractive to investors, driving down the prices of older bonds.

Interest rate risk can be mitigated through various strategies, including investing in floating-rate securities, which adjust their interest payments based on market rates, or using interest rate derivatives to hedge against changes in interest rates. Additionally, investors can diversify their portfolios across different types of assets and maturities to spread the risk.

The magnitude of kamatlábkockázat can vary depending on the specific characteristics of the investment, such as its duration and sensitivity to interest rate changes. Longer-dated bonds and those with higher coupon rates are generally more sensitive to interest rate movements. Understanding and managing interest rate risk is crucial for investors to maintain the desired level of return and preserve the value of their portfolios.