Bonds have an inverse relationship to interest rates. When interest rates rise, bond prices usually fall, and vice-versa. To those unfamiliar withbond trading, the negative correlation betweeninterest ratesandbondprices may be counterintuitive. But it makes sense when you consider that a change in ...
(1994). Theoretical and Empirical Aspects of the Relation between Interest Rates and Common Stock Returns. D'Ecclesia, R.L. and Zenios, S.A. (Eds.), Operations Research Models in Quantitative Finance, Physica/Springer Verlag, Heidelberg, pp. 112-133....
This linkage between swap market and macroeconomy has practical implications since market makers and hedgers use the swap rate as benchmark for pricing long-term interest rates, corporate bonds and various other securities. 展开 关键词: CONSOLIDATION PUBLIC LOCAL SECTOR TRANSLATION THEORY INNOVATION DOI...
one subcommittee (i.e. the Subcommittee to Study Issues Arising from Lehman Brothers-related Minibonds and Structured Financial Products) is seeking the endorsement of the House Committee to continue its work in the remaining sessions of the current term; and the other two subcommittees (i.e. ...
and health processes during COVID-19 and beyond Hannah Howland1 & Vadim Keyser 2✉ By broadening disciplinary perspectives to architecture and design, philosophy of science, and systems biology, this paper aims to explore the interconnections between built, social, biotic, and health processes with...
This paper focused on the relationship between discounts on close-end fund and potential manipulation and entrenchment from close-end funds to open-end funds or the securities firms as the largest shareholders of fund management corporations.The empirical results show that discounts on the close-end ...
for the independent Shareholders to consider and, if thought fit, to approve, among other matters, the Deposit Services contemplated under the Financial Services Agreement (including the Deposit Cap) "Financial Services Agreement" the financial services agreement dated 21 May 2014 entered into between ...
provided the central bank expands the cash base of the private banks according to the demand for bank deposits, and provided the government issues long- and medium-term bonds on tap, both the short-term and the long-term rate of interest may be stabilized whatever the rate of the budget de...
relation between auditing quality and tenure and the return investors require on corporate bonds. Kim, Simunic, Stein, and Yi (2011) take advantage of the institutional setting in Korea to assess the value of external auditingper seand the possible value differences between Big Four and non-Big...
These wear mechanisms, as well as passivation of dangling bonds and bonds breaking, formation of carbonaceous layer, and surface deformation influence on the diamond film tribological behavior at the early stages of the sliding, see stages 1 and I (Figure 1). The real contact area increases due...