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 capital markets. In particular, an extensive reviewof indexed debt markets throughout the world is provided -including for the first time, a comprehensive and consistent set ofcash flow and price-yield equations for the instruments already inexistence in the major bond markets - forming an importantreference for those already experienced in the field, as well aspractitioners and academics approaching the subject for the firsttime.
The book also provides unique insight into the development ofinflation-indexed derivative products, and the analytical toolsrequired to value such instruments.
Mark Deacon
Derivat (Wertpapier) Finance & Investments Finance & Investments Special Topics Finanz- u. Anlagewesen Spezialthemen Finanz- u. Anlagewesen