The Gilt-Edged Market (RLE Banking & Finance) (Hardcover)

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.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Routledge Library Editions: Banking & Finance
Release date:	May 2012
First published:	2012
Authors:	Jeremy Wormell
Dimensions:	234 x 156mm (L x W)
Format:	Hardcover
Pages:	198
ISBN-13:	978-0-415-53850-3
Categories:	Books > Social sciences > Education > Philosophy of education Books > Business & Economics > Finance & accounting > General Books > Social sciences > Education > Organization & management of education > General
LSN:	0-415-53850-5
Barcode:	9780415538503

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