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.
| ISBN: | 9780415751889 |
| Publication date: | 10th March 2014 |
| Author: | Jeremy Wormell |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Paperback |
| Pagination: | 192 pages |
| Series: | Routledge Library Editions: Banking & Finance |
| Genres: |
Finance and accounting Educational strategies and policy Philosophy and theory of education |
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.
The Gilt-Edged Market (RLE Banking & Finance) features in the following genres: Finance and accounting, Educational strategies and policy, Philosophy and theory of education
Paperback, Hardback. £45.89, down from the £50.99 cover price. Not Available.
The Gilt-Edged Market (RLE Banking & Finance) was written by Jeremy Wormell and published by Routledge an imprint of Taylor & Francis Ltd
The Gilt-Edged Market (RLE Banking & Finance) has 192 pages
Yes it is part of Routledge Library Editions: Banking & Finance series
£45.89, reduced from £50.99. Not Available.