Abstract :
The objectives of this research is to analyze the different between of no-hedging (open position), forward contract hedging and money market hedging which listed on PT. MTG in 2012 until 2014 periods. Data used in this research were obtained from bank? annual report and PT MTG. Analyze technique used for this research is hedging.
The result of this research shows that Forward Contract Hedge have an efficient to payable of Import. No-Hedging (Open Position) and Money Market Hedge don?t have an efficient to payable of Import.
Keywords: no-hedging (open position), forward contract hedge, money market hedge