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Item Details
Title: MANAGING PUBLIC DEBT
INDEX-LINKED BONDS IN THEORY AND PRACTICE
By: Marcello De Cecco (Editor), Lorenzo Pecchi (Editor), Gustavo Piga (Editor)
Format: Hardback

List price: £118.00


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 1858984912
ISBN 13: 9781858984919
Publisher: EDWARD ELGAR PUBLISHING LTD
Pub. date: 15 May, 1997
Pages: 240
Description: 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.
Synopsis: 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.
Publication: UK
Imprint: Edward Elgar Publishing Ltd
Returns: Returnable
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