Fixed-Income Analysis Lectures 8 and 9: Active Bond Portfolio Strategies Joëlle Miffre 1 Active Bond Portfolio Strategies Market Timing: Trading on Interest Rate Predictions Riding the Yield Curve Timing Bets Based on Interest-Rates Level When Rates are Expected to Decrease When Rates are Expected to Increase: Roll-Over Strategies Bets on Specific Moves of the Yield Curve Barbell‚ Bullet‚ Ladder‚ Butterfly Other Semi-Hedged Strategies: Ladder Hedged against Slope Movement
Premium Bond Bonds
Hirschi’s Social Bond Theory Describes D’Angelo Barksdale in The Wire Travis Hirschi’s dissertation‚ which eventually became a well-respected and commonly used book in criminology‚ had within it one of the most influential theories of crime that was tested with data and supported with results. The dissertation became known as Causes of Delinquency and was published in 1969 (Kozey‚ 2012). The general theory states that delinquency takes place when a person’s bonds to society are weakened or broken
Premium Social control theory Sociology Illegal drug trade
MBA (SEMESTER I) Organisational Behaviour & Principles & Practices of Management Course Code: NLCMBA-101 1. Explain the term “Organisational Behavior” State the Elements of Organizational Behavior. What are its Features? 2. Explain the Historical Development of Organizational Behavior. Describe the evolution of Organisational Behavior 3. “The study of organizational Behavior is e study of the Behavior of the people in the Organisation “Discuss. 4. Write Short Notes on: a) Fundamental Concepts of
Premium Marketing
School systems across the nation rely heavily on bonds to support the instructional as well as the operational apparatuses of schools. The issue of voting bonds to support the overall school improvement process for school districts is critical and necessary. The process requires the support‚ commitment and involvement of all citizens within local communities. All students deserve the right to be educated in facilities and environments that are safe‚ sound and conducive for learning just as they
Premium Education Teacher School
CENTRAL BANKS‚ STOCK EXCHANGE AND COMMERCIAL BANKS CENTRAL BANKS A central bank is the main national bank that provides a government and its commercial banking system with financial and banking services controlling the government’s monetary policy and issuing currency. Functions of a central bank include: • It has the sole right to issue currency – it maintains uniformity in the currency and manages it accordingly using knowledge about the economy • It is a banker‚ advisor and agent to the government
Premium Bank Stock market Central bank
Mercedes Oliva HW 2 1. What was Nick Leeson’s strategy to earn trading profits on derivatives? Nick Leeson’s strategy to earn trading profits on derivatives was to trade futures on the Nikkei 225 stock index and the Japanese government bonds. This strategy would have either provided huge gains or huge losses. This went completely against what Barings was expecting him to do. He opened a secret trading account to avoid being caught. 2. What went wrong that caused his strategy to
Premium Barings Bank Derivative Nick Leeson
Bank-one / Rabobank 1. What is the problem? Why might investors be so concerned about the bank’s derivative use? The problem is that Banc One’s stock price has gone down nearly 25% due to analyst and investor concern that increased derivative use has inflated key accounting margins and ratios. The derivatives (interest-rate swaps) do not show up on the balance sheet as assets/liabilities‚ but do show up on the income statement. Therefore‚ metrics such as ReturnOnAssets may not accurately
Premium Balance sheet Asset Bond
A Comparison between Two War Bonds Ads During the Second World War‚ the United States‚ like many other nations at the time‚ made heavy use of propaganda and advertisements to support the war effort‚ inspiring citizens to ration supplies‚ donate money‚ or even enlist as a soldier. These advertisements would invoke feelings of patriotism‚ unity‚ and affiliation for its readers‚ urging the necessity of the reader’s support despite not always being financially beneficial for the donator. Out of all the
Premium Question World War II Bonds
A PROJECT REPORT ON “Comparative Study of IDBI Federal’s Incomesurance with the other products available in the market.” IDBI FEDERAL LIFE INSURANCE CO. LTD. Submitted By: Ravi Gupta 11BSP2089 SUMMER INTERNSHIP PROGRAM 2012 IBS GURGAON A PROJECT REPORT ON “Comparative Study of IDBI Federal’s Incomesurance with the other products available in the market.” Submitted By: Ravi Gupta 11BSP2089 A report submitted in partial fulfilment of The requirements of
Premium Life insurance Insurance
sacrifices in order to keep the department running‚ such as working less hours or even a temporary pay cut. If the team is able to join together and come thru a difficult time they will be more bonded and work more efficiently than ever before. Emotional bonds motivate employees to put forth effort‚ communicate honestly‚ and openly‚ and enable them to handle conflict in a positive manner (Spector‚ 2010). References Spector‚ B. (2010). Implementing Organizational Change-Theory into Practice (2nd ed.).
Premium Bond Implementation Economics