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Books > Business & Economics > Finance & accounting > Finance > Banking
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Managing Public Debt - Index-Linked Bonds in Theory and Practice (Hardcover)
Loot Price: R3,857
Discovery Miles 38 570
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Managing Public Debt - Index-Linked Bonds in Theory and Practice (Hardcover)
Expected to ship within 12 - 19 working days
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Managing Public Debt combines a theoretical and empirical analysis
of the advantages of issuing index-linked bonds and potential
problems that may arise and how sovereign issuers should deal with
them. International in its approach, this book will be especially
welcomed in those countries where index-linked programmes are in
operation or being discussed. It considers the experiences of the
UK, Sweden and Italy, providing new insights which will be of
special interest to economists and officials in the US Treasury who
will shortly begin issuing index-linked bonds. Other issues
discussed include the impact of index-linked bonds on the cost of
public debt of sovereign issuers and the advantages of such bonds
compared to conventional bonds; the market perspective on
index-linked bonds in view of the European Monetary Union and
alternative uses and strategic aspects of index-linked bonds. This
important book will be invaluable to policymakers, government
institutions, academics and postgraduate students as well as market
practitioners.
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