In this chapter we consider the term structure of interest rates and the interest rate derivatives. The interest rates are closely related to the bond market; we therefore introduce the interest rates in connection with the simplest assets on the bond market, namely the so-called T-bonds which are contracts that guarantee a unitary amount at a given maturity T and their prices express the expectations of the market on the future value of money.
Pascucci A., Runggaldier W.J. (2012). Interest rates. Milano : Springer-Verlag Italia s.r.l. [10.1007/978-88-470-2538-7_4].
Interest rates
Pascucci A.;
2012
Abstract
In this chapter we consider the term structure of interest rates and the interest rate derivatives. The interest rates are closely related to the bond market; we therefore introduce the interest rates in connection with the simplest assets on the bond market, namely the so-called T-bonds which are contracts that guarantee a unitary amount at a given maturity T and their prices express the expectations of the market on the future value of money.File in questo prodotto:
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