Results 201 to 210 of about 142,707 (254)
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2015
The fixed income market is a large part of the financial industry, and it presents unique challenges and opportunities for its practitioners. A large amount of the money managed by pension funds and other institutional funds is allocated to fixed income investments.
exaly +2 more sources
The fixed income market is a large part of the financial industry, and it presents unique challenges and opportunities for its practitioners. A large amount of the money managed by pension funds and other institutional funds is allocated to fixed income investments.
exaly +2 more sources
Fixed-Income Instruments Pricing [PDF]
SSRN Electronic Journal, 2007 In this article we discuss the fundamentals of pricing of the popular financial instruments. The basic point of our approach is to extend the present value benchmark concept. The present value valuation approach plays the similar role as The Newton Laws in the Classic Mechanics. Thus our primary goal is to present a new outlook on valuation of the debt
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The Fixed-Income Market in Uruguay
SSRN Electronic Journal, 2006Uruguay's capital markets remain undeveloped despite the country's financial liberalization dating back to the 1970s, which was reinforced by passage of several additional laws in 1990s whose aim was to promote the local financial markets. The government is able to raise funds domestically in what is a liquid bond market, but private firms continue to ...
Brun, Julio de +3 more
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2014
Fixed income securities have historically provided a finite or an infinite stream of a constant periodic payment. They are essentially an obligation on part of the issuer to continue making the periodic payment in good faith. Typically, these were and are to this day issued by sovereign entities and, more recently, by corporations.
Elise Balboni, Shari Berenbach
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Fixed income securities have historically provided a finite or an infinite stream of a constant periodic payment. They are essentially an obligation on part of the issuer to continue making the periodic payment in good faith. Typically, these were and are to this day issued by sovereign entities and, more recently, by corporations.
Elise Balboni, Shari Berenbach
+4 more sources
The Journal of Fixed Income, 2018
The value effect is one of the most well studied and evidenced market factors in equities. However, there has not been a widely accepted definition of the value factor in fixed income. In this paper, we put forward our approach to the factor by utilizing a model-implied OAS framework to identify under and over-valued securities.
Shawn Shen, Arom Pathammavong, Alex Chen
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The value effect is one of the most well studied and evidenced market factors in equities. However, there has not been a widely accepted definition of the value factor in fixed income. In this paper, we put forward our approach to the factor by utilizing a model-implied OAS framework to identify under and over-valued securities.
Shawn Shen, Arom Pathammavong, Alex Chen
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2014
In the following presentation of various term structure models, we shall adopt the following notation. Let P(t, s) denote the price at time t of a zero-coupon bond with a face value of one that matures at time s ≥ t. Let R(t, s) denote the yield to maturity at time t of a zero-coupon bond with a face value of one maturing at time s ≥ t.
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In the following presentation of various term structure models, we shall adopt the following notation. Let P(t, s) denote the price at time t of a zero-coupon bond with a face value of one that matures at time s ≥ t. Let R(t, s) denote the yield to maturity at time t of a zero-coupon bond with a face value of one maturing at time s ≥ t.
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2000
The objectives of the examples in this section are to demonstrate the interrelationships that exist between different yield curves, and to show how risk spreads can be estimated for non-benchmark bonds. The type of analysis will then be extended to illustrate how options embedded in non-benchmark bonds can be priced.
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The objectives of the examples in this section are to demonstrate the interrelationships that exist between different yield curves, and to show how risk spreads can be estimated for non-benchmark bonds. The type of analysis will then be extended to illustrate how options embedded in non-benchmark bonds can be priced.
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2017
In this section, we investigate portfolios that are constructed by stringent rules or which, differently expressed, are not the result of a subjective investment process. The construction of a benchmark is a transparent and object process. We start with the following definition:
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In this section, we investigate portfolios that are constructed by stringent rules or which, differently expressed, are not the result of a subjective investment process. The construction of a benchmark is a transparent and object process. We start with the following definition:
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Contributions ofThe Journal of Fixed Incometo Fixed-Income Analytics
The Journal of Fixed Income, 2022openaire +1 more source