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
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
