The Reserve Bank of India (RBI) will launch two new instruments by the end of this year: inflation-indexed
national saving securities (IINSSes) and cash-settled 10-year interest rate futures (IRFs).
Although the popular press often labels inflation-indexed
bonds as "exotic securities," nothing could be farther from reality.
18726), Richard Clarida derives a structural relationship between the nominal exchange rate, national price levels, and observed yields on long maturity inflation-indexed
5 percent in 2013, however economists fear inflation-indexed
pension hikes could make that target impossible as prices rise.
The topics discussed include rediscovering the macroeconomic roots of financial stability policy, inflation-indexed
bonds and the expectations hypothesis, the economics of credit default swaps, equilibrium in the initial public offering market, and carry trade and momentum in currency markets.
One is the spread between nominal Treasuries and inflation-indexed
Treasuries, and the other is inflation swap rates.
The Ministry of Strategy and Finance has announced plans to spur trading in inflation-indexed
government bonds, as part of an effort to diversify the Korea Treasury Bond (KTB) market.
3m in inflation-indexed
25-year bonds at a yield of 3.
Treasury Inflation-Protection Securities were first issued in January 1997 and are currently available in the form of 5-year, 10-year, and 30-year inflation-indexed
ABSTRACT This paper explores the history of inflation-indexed
bond markets in the United States and the United Kingdom.
The invention of inflation-indexed
bonds in early America.
bonds TIPS (Treasury Inflation-Protected Securities) are designed to protect investors from inflation, says Kathy Williams, who has a financial services firm in Oklahoma City.