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{ "item_title" : "The Gilt-Edged Market (RLE Banking & Finance)", "item_author" : [" Jeremy Wormell "], "item_description" : "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. ", "item_img_path" : "https://covers4.booksamillion.com/covers/bam/0/41/553/850/0415538505_b.jpg", "price_data" : { "retail_price" : "233.99", "online_price" : "233.99", "our_price" : "233.99", "club_price" : "233.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }
The Gilt-Edged Market (RLE Banking & Finance)|Jeremy Wormell

The Gilt-Edged Market (RLE Banking & Finance)

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Overview

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.

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Details

  • ISBN-13: 9780415538503
  • ISBN-10: 0415538505
  • Publisher: Routledge
  • Publish Date: May 2012
  • Dimensions: 9.21 x 6.14 x 0.5 inches
  • Shipping Weight: 1.04 pounds
  • Page Count: 210

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