The article discusses how to manage interest rate risk using financial derivatives. It covers the basics of interest rate risk, financial derivatives, and the role of pricing derivatives. The focus is on interest rate risk management in the non-financial sector, including the use of forward rate agreements, interest rate futures contracts, interest rate swaps, and interest rate options. The goal is to help businesses maintain control and diversify their risk through hedging strategies with these financial tools. The findings emphasize the importance of understanding and utilizing these derivatives to effectively manage interest rate risk in the market.