Basle Committee on Banking Supervision

Principles for the Management of Interest Rate Risk

(January 1997)

Note: This document has been superseded by the final version of Principles for the Management of Interest Rate Risk in September 1997.


This document consists of a set of principles for banks and supervisory authorities to apply in relation to the management of interest rate risk. The paper reemphasises the need for banks to maintain adequate risk management practices in all their activities. It lays down twelve agreed principles that supervisory authorities will consider in evaluating banks' management of interest rate risk covering four categories.

The paper is a consultative proposal on which comments are solicited by 15th April 1997.

Press Release including notes for editors