Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/210827 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
CBM Working Papers No. WP/05/2018
Verlag: 
Central Bank of Malta, Valletta
Zusammenfassung: 
This paper gives an overview of inflation-linked bonds (ILBs). In the first part, it describes the characteristics of inflation-linked bonds and their pricing mechanics. This is followed by an illustrative example which compares the cashflow structure of the two types of fixed income securities. An analysis of the historical performance of inflation-linked bonds relative to their nominal counterparts1 follows on the basis of the Bloomberg Barclays total return indices for the US and Germany. Correlations between ILBs and fixed coupon bonds were computed.
JEL: 
D53
E44
G1
Dokumentart: 
Working Paper

Datei(en):
Datei
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