Differences between a micro hedge and a macro hedge

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What are the differences between a micro hedge and a macro hedge for an FI? Why is it generally more efficient for FIs to employ a macro hedge than a series of micro hedges?

Reference no: EM13937162

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Differences between a micro hedge and a macro hedge : What are the differences between a micro hedge and a macro hedge for an FI? Why is it generally more efficient for FIs to employ a macro hedge than a series of micro hedges?
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