Inflation-indexed securities deacon
1. What are Inflation-indexed Securities and Derivatives? 1.1 A historical perspective. 1.2 How indexed bonds work. 1.3 The role of derivatives. 2. Security Design. 2.1 Choice of price index. 2.1.1 Index-matching. 2.1.2 Index reliability and integrity. 2.1.3 Other practical considerations. 2.2 Cash flow structure. 2.2.1 Capital indexed bond (CIB). Inflation-Indexed Securities. Pearson offers special pricing when you package your text with other student resources. 1 What Are Inflation-indexed Securities and Derivatives? 1.1 A historical perspective. 1.2 How indexed bonds work. 1.3 The role of derivatives. 2 Security Design. 2.1 Choice of price index. 2.1.1 Index matching. 2.1.2 Index reliability and integrity. 2.1.3 Other practical considerations. 2.2 Cash flow structure. 2.2.1 Capital Indexed Bond (CIB). The global market for inflation-indexed securities has ballooned in recent years, and this trend is set to continue. This book examines the rationale behind issuance and investment decisions, and details the issues facing anyone who designs indexed securities, illustrating them wherever possible with actual examples from the international capital markets. An inflation-indexed security is a security that guarantees a return higher than the rate of inflation if it is held to maturity. Inflation-indexed securities link their capital appreciation, or coupon payments, to inflation rates. Investors seeking safe returns with little to no risk will often hold
Inflation-indexed Securities gives unique insight into the development of these derivatve products in the major markets including, for the first time, a detailed description of the analytical tools required to price and hedge such instruments.
Deacon, Derry, and Mirfenereski [2004] provide a thorough history and list of international issuers and descriptions of the specific inflation-indexed securities. on inflation-indexed and nominal government bonds as well as inflation swaps very well recently (Hurd and Relleen (2006), Deacon, Derry, and Mirfendereski. 17 Aug 2012 The market capitalisation of emerging-market indexed bonds is about The market weights of countries in inflation-indexed bond indices source: Barclays ( 2010), Deacon et al (2004), national treasuries and debt agencies. 6 Jun 2007 of inflation-linked bonds. 17. 3.6 The choice of the reference index. 19 also Hetzel, 1992; Breedon, 1995; Deacon and. Andrews, 1996; Barr
References[1] New Zealand Government inflation indexed bonds, Prospectus, [ 6] M. Deacon, A. Derry, and D. Mirfendereski, Inflation-indexed securities:
6 Jun 2007 of inflation-linked bonds. 17. 3.6 The choice of the reference index. 19 also Hetzel, 1992; Breedon, 1995; Deacon and. Andrews, 1996; Barr
Overview. The global market for inflation-indexed securities has ballooned inrecent years, and this trend is set to continue. This book examinesthe rationale behind issuance and investment decisions, and detailsthe issues facing anyone who designs indexed securities,illustrating them wherever possible with actual examples from theinternational
[3] Deacon, M., A. Derry, and D. Mirfendereski. Inflation-Indexed Securities: Bonds, Swaps, and Other Derivatives. Wiley Finance, 2004. Deacon (2004) states that the consumer price index (CPI) is the most commonly used measure to link inflation linked bonds (ILBs) cash flow payments in order
16 Apr 2013 Inflation‐indexed Securities: Bonds, Swaps and Other Derivatives, Second Edition. Author(s):. Mark Deacon · Andrew Derry · Dariush
References[1] New Zealand Government inflation indexed bonds, Prospectus, [ 6] M. Deacon, A. Derry, and D. Mirfendereski, Inflation-indexed securities:
Overview. The global market for inflation-indexed securities has ballooned inrecent years, and this trend is set to continue. This book examinesthe rationale behind issuance and investment decisions, and detailsthe issues facing anyone who designs indexed securities,illustrating them wherever possible with actual examples from theinternational