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The Gilt-Edged Market (RLE Banking & Finance) - Routledge Library Editions: Banking & Finance Jeremy Wormell 1st edition
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The Gilt-Edged Market (RLE Banking & Finance) - Routledge Library Editions: Banking & Finance
Jeremy Wormell
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.
192 pages
| Media | Books Hardcover Book (Book with hard spine and cover) |
| Released | May 25, 2012 |
| ISBN13 | 9780415538503 |
| Publishers | Taylor & Francis Ltd |
| Pages | 210 |
| Dimensions | 150 × 220 × 20 mm · 360 g |
| Language | English |
