CHAPTER 8 BOND MARKETS. Capital Markets Capital market securities are long term securities issued to finance capital goods/projects to lock in the cost.
Bond Price, Yield, Duration
A PURE DISCOUNT BOND DOES NOT PAY CUPONS UNTIL ITS MATURITY; C = 0:
1 Treasury Inflation-Protected Securities Issued in terms of 5, 10 and 30 years a few times a year in par increments of $100. Usual noncompetitive/competitive.
Finance
BOND MARKETS
FIN 300 Session
Interest Rates and Swaps
Duration & Convexity
