・ISBN 978-0-415-53850-3 2012 hard GB£ 130.00
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・ISBN 978-0-203-10928-1 1985 eBook
大学・機関向け
著者・編者 | Wormell, Jeremy J. H., |
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シリーズ | (Routledge Library Editions: Banking & Finance 36) |
出版社 | (Routledge, UK) |
ページ数 | 191 pp. |
ニュース番号 | <593-535> |
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.