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Routledge The Gilt-Edged Market (RLE Banking & Finance) (Routledge Library Editions: Banking & Finance)

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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.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
25 May 2012
Listed Since
12 January 2012

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