This book was written at a time when the market for government stocks in London, the gilt-edged market of the title, had undergone a period of rapid innovation in the forms of its instruments – index-linked stocks, variable rate stocks, and other new types – and of methods of issue. This had been the response of a government that had needed to fund a massive public sector borrowing requirement despite its attempts to slash public expenditure. In the same period the opening of the London International Financial Futures Exchange (LIFFE), with its 20-year gilt contract, had introduced a new method for hedging risk for investment managers. This book charts and analyses these developments.
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Multivolume collection by leading authors in the field
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Da: Chiron Media, Wallingford, Regno Unito
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Da: moluna, Greven, Germania
Condizione: New. Multivolume collection by leading authors in the fieldThis book was written at a time when the market for government stocks in London, the gilt-edged market of the title, had undergone a period of rapid innovation in the forms of its instr. Codice articolo 594648164
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