term structure of real ratesprice pressuresBayesian estimationWe investigate the impact of long term investors' demand for UK index-linked gilts on the term structure of real rates for the 1987-2012 period. This is done by carrying out a structural estimation of the preferred-habitat model of ...
000 different retail outlets. The CPI generally results in a lower inflation number than the RPI because it uses a “geometric mean” rather than an “arithmetic mean” as its method of calculation. For more information on the
Amanda Bryden, Head of Mortgages, Halifax, said: "Average UK house prices nudged up +0.2% in October, continuing the positive momentum of recent months. This brought the annual growth rate to +3.9%, slightly lower than in September. The average property price has reached a record high of ...
According to the details, Lloyds will distribute axes on GBP and EUR corporate credit along with UK gilts leveraging its integration with Neptune Network. In other news, Lloyds Bank is set to close four branches in London along with another 44 branches in the rest of the UK. Lloyds share ...
The Microstructure of the UK gilt market This paper is a detailed study of trading patterns in the gilt market - based on all transactions in three gilts (6% Treasury 1999, 9 1/2% Treasury 2005, and 2 1/2% Index-linked 2016) from October 1993 to October 1994. The main finding o......
Since the mid-90s house price valuations have soared. In 1998 the average house prices was 3.1x the income of first-time buyers according to theNationwide. Today it is 6.7x. Equity valuations however (at least in the UK) have not much changed in this time. The ratio of the All-share ...
The article reports that the first issuance in the 2009 syndication program in Great Britain raised 7 billion pounds after selling 25 year Gilts. Headed by Barclays Capital, Goldman Sachs, HSBC and Royal Bank of Scotland, the deal incurred demand of over 15 billion pounds in three hours. Debt...