The Gilt-Edged Market (RLE Banking & Finance) Paperback / softback
by Jeremy Wormell
Part of the Routledge Library Editions: Banking & Finance series
Paperback / softback
Description
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.
Information
-
Out of stock
- Format:Paperback / softback
- Pages:192 pages
- Publisher:Taylor & Francis Ltd
- Publication Date:10/03/2014
- Category:
- ISBN:9780415751889
Other Formats
- EPUB from £39.59
- PDF from £39.59
- Hardback from £135.00
Information
-
Out of stock
- Format:Paperback / softback
- Pages:192 pages
- Publisher:Taylor & Francis Ltd
- Publication Date:10/03/2014
- Category:
- ISBN:9780415751889
