Download or read book Easing Restrictions on the Stripping and Reconstitution of Government of Canada Bonds written by David Bolder and published by . This book was released on 1998 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book In Your Best Interest written by W. H. Cunningham and published by Dundurn. This book was released on 2012-01-28 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Your Best Interest will put you ahead of the average investor or financial advisor by giving you the tools to demystify the fixed income market and meet your income and retirement needs.
Download or read book Easing Restrictions on the Stripping and Reconstitution of Government of Canada Bonds written by David Jamieson Bolder and published by . This book was released on 2008 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Finance and the Bank of Canada, as its fiscal agent, work closely with financial market participants in the management of the federal government's debt program. From the government's perspective, maintaining a liquid well-functioning market in Government of Canada securities is a key factor in ensuring that debt-service costs are minimized. It is also of general benefit to other participants in the domestic fixed-income market, since Government of Canada securities are a key benchmark for pricing other fixed-income securities.This paper reviews one method for limiting the ability of market participants to exercise undue influence over the prices of individual securities by easing restrictions that limit the fungibility of coupon and principal cash flows in the market for stripped securities. The two restrictions considered include the current ceiling on reconstitution, which states that a bond may not be reconstituted beyond the amount originally issued, and the present non-fungiblility of interest and coupon payments. The authors examine the effectiveness of the alternatives, provide an analysis of the potential market and legal uncertainties that might arise, and finally include a brief review of the stripping practices in some other major government bond markets. The analysis suggests that the potential changes could constitute a useful approach for limiting the development of a squeeze in certain circumstances. These alternatives could, however, create uncertainty with regard to the actual amount outstanding of any given bond. They also raise some questions with respect to the tax treatment of fungible interest-principal payments, as well as questions about the potential for the manipulation of the market for other bonds. Moreover, a review of other major government bond markets reveals that restrictions, similar to those currently in force in Canada, also apply in the United States, the United Kingdom, and Germany.
Download or read book Buying Back Government Bonds written by Toni Gravelle and published by . This book was released on 1998 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finances.
Download or read book Government Bonds and their Investors written by Mr.Jochen R. Andritzky and published by International Monetary Fund. This book was released on 2012-06-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper introduces a new dataset on the composition of the investor base for government securities in the G20 advanced economies and the euro area. During the last decades, investors from abroad have increased their presence in government bond markets. The financial crisis broke this trend. Domestic financial institutions allocated a larger share of government securities in their portfolios, as Japan has done since its crisis in the 1990s. Increases in the share held by institutional investors or non-residents by 10 percentage points are associated with a reduction in yields by about 25 or 40 basis points, respectively. The data show a varied lead-lag relationship between bond yields and investor holdings. Portfolio balance estimates suggest that a change in statutory or regulatory holdings of government securities to the tune of 10 percent of the outstanding stock causes expected returns to decline by 7 to 25 basis points.
Download or read book Bond Investing For Canadians For Dummies written by Andrew Dagys and published by John Wiley & Sons. This book was released on 2023-11-21 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Expert information and easy-to-follow advice for today’s Canadian bond investors Bond Investing For Canadians For Dummies will show you how to invest in bonds in today’s environment and strengthen and protect your investment portfolio. Bonds are a great choice for anyone looking to make a smart investment that will provide a steady income, and this book is a great choice for anyone ready to get started. With clear, jargon-free guidance on the best reasons to buy various types of bonds and what type of bonds to invest in, you’ll be ready to minimize your investment risks by adding bonds to your portfolio. Let this book, which focuses on the Canadian bond market, teach you to wisely buy and sell your bonds by considering both risks and returns. Find out how to make the right bond investment for you. Identify your investment goals and choose the best investment strategy for you Use Canadian and international bonds to diversify your portfolio and build a safe income stream Learn about the many different types of bonds, including Government of Canada Bonds and treasuries, municipal and provincial bonds, and agency bonds Find out how to buy bonds at the right time, and when to sell Understand the risks and returns on your bonds so you can meet your personal targets Learn about the impact of Canadian taxes on bonds and other fixed-income investments Bond Investing For Canadians For Dummies is perfect for new and experienced investors who want to learn all the ins and outs of the bond market.
Download or read book Annual Report of the Governor to the Minister of Finance and Statement of Accounts written by Bank of Canada and published by . This book was released on 1961 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Demand for M2 Canada Savings Bonds and Treasury Bills written by Kim McPhail and published by . This book was released on 1993 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses the Johansen methodology to test for the existence of a stable long-run demand function for certain broad measures of liquidity in Canada. It discusses the identification of the cointegration vectors in the basic model, tests of restrictions on the cointegration vectors of the system, the reduced-form VAR and the issue of weak exogeneity, alternative specifications and the role of inflation in the cointegration vectors, and dynamic specifications of money demand.
Download or read book The Bond Market in Canada written by Douglas H. Fullerton and published by Carswell. This book was released on 1962 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Index Numbers of Dominion of Canada Long Term Bond Yields 1926 written by Canada. Dominion Bureau of Statistics. Internal trade branch and published by . This book was released on 1935 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Price Discovery in Canadian and U S 10 Year Government Bond Markets written by Bryan Campbell and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The International Government Bond Markets written by Frank Joseph Jones and published by Irwin Professional Publishing. This book was released on 1992 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years there has been an increased awareness of the international bond markets as potential sources of return enhancement and/or risk reduction. As a result, investors throughout the world have increasingly adopted a global approach and invested in bonds from several countries. Governments have encouraged this by liberalizing their bond markets, making them more liquid and more accessible to international investors. Futures and options markets have been developed on government bonds in several major countries, permitting more effective implementation of investment strategies. Many global investors restrict their participation in foreign bond markets to foreign government bonds because of their low credit risk and their liquidity. Because of their crucial role, The International Government Bond Markets by Frank J. Jones and Frank J. Fabozzi focuses on eight of the world's major government bond markets: the U.S., Japan, Germany, the U.K., France, the Netherlands, Canada and Australia. It is the first book that provides a single, unified, succinct source of information about these major government bond markets. The core information is supplemented by the treatment of several other topics of importance and interest to global bond investors. The book is divided into three sections: . Section I provides background information about price yield/conventions, accrued interest calculation, international clearing organizations and global custody. Section II describes the eight government bond markets in terms of: nature of the market (maturity, structure and types of issues); method of issuance (primary market); secondary market; price/yield conventions; settlement procedures; taxation; and futures and options markets. Section III discusses investment strategies, beginning with an overview of the foreign exchange market and instruments for controlling foreign exchange risk, and concluding with a general framework for designing an active global bond portfolio strategy.
Download or read book Has Liquidity in Canadian Government Bond Markets Deteriorated written by Sermin Gungor and published by . This book was released on 2017 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Yield Curve Modelling at the Bank of Canada written by David Bolder and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 85 000 000 Government of the Dominion of Canada Bonds written by and published by . This book was released on 1937 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Country Held Hostage written by Miville Tremblay and published by . This book was released on 1996 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Height Structure and Significance of Interest Rates written by Paul Wonnacott and published by . This book was released on 1962 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
