Author: Choong Sup TarkPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 206
Book Description
Duration and an Alternative Bond Portfolio Immunization Strategy
Author: Choong Sup TarkPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 206
Book Description
Duration and an Alternative Bond Portfolio Inmunization Strategy
Author: Bond Portfolio Immunization
Author: Michael R. GranitoPublisher: Lexington Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
An Empirical Examination of Alternative Interest Rate Risk Immunization Strategies
Author: Wing Po Patrick LauPublisher:
ISBN:
Category : Interest rates
Languages : en
Pages : 554
Book Description
Bond Duration and Immunization
Author: Gabriel HawawiniPublisher: Routledge
ISBN: 1351381105
Category : Business & Economics
Languages : en
Pages : 263
Book Description
First published in 1982, Bond Duration and Immunization is a collection of seminal papers featuring articles from high profile academics such as Frederick McCaulay, John Hicks, and F.M. Redington. This collection also features several articles published in British actuarial journals often unavailable outside of the UK, and a strong collection of articles which contextually offer a significant contribution to the field. This strong collection will appeal to anyone working or researching in the area of bond duration and immunization.
Innovations in Bond Portfolio Management
Author: George G. KaufmanPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 363
Book Description
Innovations in Bond Portfolio Management
Author: George G. KaufmanPublisher: Emerald Group Publishing
ISBN: 9780892323203
Category : Business & Economics
Languages : en
Pages : 363
Book Description
Contemporary Studies in Economic and Financial Analysis provides further insights to postcrisis developments in the global economic and financial environment. Our hope is that the assembled papers will offer clear insights into the complex financial arrangements that now link emerging and developed financial markets in the current economic environment, outlining a multidisciplinary research agenda for the field.
A Comparison Between Options and Duration Based Immunization Strategies for Bond Portfolios
Author: Herbert WigweBond Duration and Portfolio Immunization
Author: Scott Antone JercichPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 148
Book Description
Practical Finance Strategies in Immunization
Author: Leszek ZarembaPublisher:
ISBN:
Category : Medicine
Languages : en
Pages :
Book Description
My first goal is to present the basic immunization problem (BIP) as it is understood in finance. BIP relies on a construction of such a bond portfolio (BP), meaning a selection of individual bonds, that the single liability to pay L dollars q years from now will be discharged by means of BP (a patient will return to health at time q), no matter what random shift a(t) (a particular disease) will occur in the future. What kind of a function is a shift of interest rates is critically important because both present and future values of BP depend solely on underlying interest rates. Having identified shifts (diseases) against which a BP is immunized, the natural question arises how to find among such immunized (immune) portfolios the best ones. In the context of finance, it means bond portfolios with maximal unanticipated rate of return. My second goal is to trigger interest among medical scientists by suggesting that certain finance notions, such as duration and convexity of a bond portfolio, might give extra insight to medical researchers working in the immunization area both into BIP and into similar problems in medicine. A considerable attention is also paid to certain mathematical notions (base of a linear space, a Hilbert space, triangular functions) because of their successful applications to problem-solving occurring in bond portfolio immunization.