The paper has mainly utilised the methodology for detecting the levels of reduction that is faced by the interest rate risk in a fixed spot or portfolio of liabilities and assets. The paper has mainly utilised the methodology for detecting the levels of reduction that is faced by the interest rate risk in a fixed spot or portfolio of liabilities and assets. In addition, the measures used in the paper directly states about the hedging approach that has been used for reducing the interest rate risk by using the price sensitivity models such as postulated