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Bonds

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C/F/676. Reviewing the theories that attempt to explain the differences between short-term and long-term interest rates and applying them to the interest rates situation in Russia.

WORDS:
9900
DATE:
2010
PRICE:
99.99 GBP

The dissertation explores the problem of bonds’ yield curve reviewing the theories that attempt to explain the differences between short-term and long-term interest rates and applying them to the interest rates situation in Russia. Literature is reviewed on the term structure of interest rates, expectations theory, liquidity preference theory, marketing segmentation theory, etc. The methods of the research are based on the secondary data, the study of Russian interest rates is performed using regression analysis. Conclusions are made about the yield curve and the peculiarities of the Russian bonds market.

 

KEYWORDS: Dissertation, Expectations Theory, Interest Rates in Russia, yield curve, government bonds, regression analysis,

 

C/F/143. Using Excel to calculate annuities, bond valuations and analyze a sample of data.

WORDS:
2000
ADD-ONS:
Spreadsheets
DATE:
2006
PRICE:
29.99 GBP

This report develops some basic Excel applications including annuity and fixed income products. A sample of data is also analyzed using Excel to calculate simple descriptive statistics and carry out hypothesis testing.

 

KEYWORDS: Time value of money, annuities, bond valuation, hypothesis testing, statistics,

 

C/F/76. The new bond issue valuation

WORDS:
800
DATE:
2005
PRICE:
9.99 GBP

This paper is devoted to the analysis of the new bond issue. The borrower has a history in the bond markets so that the main approach employed is the comparable approach. It is shown that if risk profiles of the bonds do not differ substantially then pricing characteristics of the existing bonds can be used to evaluate the new issue. The author thoroughly describes all kinds of risk that can be encountered by the bondholder. Macroeconomic and market risks are found to be similar for the issues with identical properties. The main source of risk in this case is the increased gearing of the company which can influence the credit rating granted by the credit agencies. However, if the company has low gearing, as in the case analyzed in the paper, it can be appropriate to use yield to maturity of the existing bond to estimate the required yield for the new bond. This paper will be useful for those researchers who wish to familiarize themselves with bond risks and simple strategies to evaluate non-callable bonds.

 

KEYWORDS: f, bond, issue, valuation,

 

C/F/93. International Portfolio Diversification and Eurobonds definition

WORDS:
2500
DATE:
2005
PRICE:
29.99 GBP

The paper is a brief explanation of two important area of modern finance theory - Eurobonds and Portfolio theory. The first part is about Portfolio diversification. Here you can find the most fundamental information about equity and bond markets and main indicators that are used to assess the movement of them. It includes a simple example of a foreign market beta with explanation of benefits it creates. We also discuss whether the emerging market outperforms developed market as a tool of international diversification and compare international diversification with direct investments. The paragraph contains some information about ADRs. It also contains two numerical examples picturing our ability to implement all the knowledge presented above. The second paragraph is mostly about bonds, particular about Eurobonds, Eurocurrency and Foreign bonds. We describe the main features and tools of the bonds and also explain how it works in practice. Two simple but important examples are available here. This paper is an ideal tool for exam preparation.

 

KEYWORDS: f, international, portfolio, diversification, eurobonds, definition,

 

P/F/353. Choice of law on loans and bonds

WORDS:
4000
DATE:
2004
PRICE:
49.99 GBP

The paper addresses the issue of fund raising at the Dragon International Plc (DIP) that is currently facing financial difficulties. Laws governing loans and bonds are discussed, the international nature of syndicated loans and bonds is argued.

 

KEYWORDS: f, choice, law, loans, bonds,