Inflation-indexed Securities: Bonds, Swaps and Other Derivatives, Second Edition
Copyright © 2004 Mark Deacon, Andrew Derry and Dariush Mirfendereski
Author(s): Mark Deacon, Andrew Derry, Dariush Mirfendereski
Published Online: 15 APR 2013 10:11AM EST
Print ISBN: 9780470868126
Online ISBN: 9781118673317
About this Book
The global market for inflation-indexed securities has ballooned in recent years, and this trend is set to continue. This book examines the rationale behind issuance and investment decisions, and details the issues facing anyone who designs indexed securities, illustrating them wherever possible with actual examples from the international capital markets. In particular, an extensive review of indexed debt markets throughout the world is provided - including for the first time, a comprehensive and consistent set of cash flow and price-yield equations for the instruments already in existence in the major bond markets - forming an important reference for those already experienced in the field, as well as practitioners and academics approaching the subject for the first time.
The book also provides unique insight into the development of inflation-indexed derivative products, and the analytical tools required to value such instruments.