In this chapter, we analyze how the difference between the interest rate on municipal bond issues and the interest rate on government bonds with the same terms is determined. We use the fiscal condition of each local government as an explanatory variable. We find that explicitly available figures...
因为没有市场风险和违约风险
国债由国家发行的债券，是中央政府为筹集财政资金而发行的一种政府债券，是中央政府向投资者出具的、承诺在一定时期支付利息和到期偿还本金的债权债务凭证，由于国债的发行主体是国家，所以它具有最高的信用度，被公认为是最安全的投资工具。因此国债利率通常被公认为市场上的无风险利率，这是因为政府的公信...
We estimate a panel VAR model that incorporates the long-term real interest rate on government bonds as a vehicle to transmit shocks in both the public debt to GDP ratio and economic growth. We find no causal link from the public debt to GDP ratio to the GDP growth rate, irrespective of...
Swap rate curves are typically determined by dollar denominated borrowing based on LIBOR. These rates are determined by market participants and are not regulated by governments. Swap rate curves are not affected by technical market factors that affect the yields on government bonds. Swap rate curves...
Bonds are debts that investors can buy to be repaid at a designated interest rate. Explore examples of three different types of bonds commonly exchanged: Government, Municipal, zero-coupon, and floating-rate bonds. Different Types of Bonds Jane is retired and wants to invest some of her retir...
US 10-Year Government Bond Interest Rate is at 4.36%, compared to 4.09% last month and 4.50% last year. This is lower than the long term average of 5.82%. ReportEuropean Long Term Interest Rates CategoryInterest Rates RegionUnited States ...
Compared to a yield curve based on government bonds, swap rate curves are: A. less comparable across countries and have a greater number of yields at various maturities. B. more comparable across countries and have a greater number of yields at various maturities. C. more comparable across cou...
government bonds and gobernment security前提美国两个区别是什么 是不是governemt bonds influence interest rate 但是government security不影响税率. 那这两个对赤字都有什么影响 如果government security 不影响interest rate 它是怎样影响赤字的. 有两道题可以解释一下吗? 好的话有加分60. Fed purchases government...
at the time of the issuance. Market interest rates change over time, and as they move lower or higher than a bond's coupon rate, the value of the bond increases or decreases, respectively. Since a bond's coupon rate is fixed all through the bond's maturity, bonds with higher coupon ra...