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Full Description
This book is about trading inflation.
Contents
PART I: MARKETS AND PRODUCTS 1. Fundamental Concepts of Inflation 2. The Major Inflation Markets and the Most Liquidly Traded Inflation-Indexed Instruments 3. Notation, Definitions and Framework for Analysing Inflation-Indexed Securities 4. Inflation Indexed Bonds in More Detail 5. Inflation Indexed Swaps in More Detail 6. The Par Floor in ILBs The Unavoidable Non-Linear Chapter PART II: TRADING, HEDGING, AND RISK MEASURES 7. ILB Analytics 8. Inflation Swap Models and Risk 9. Seasonality and Carry 10. Inflation-Indexed Bonds & Swap RV 11. Expressing Views on Breakevens 12. Expressing Views on Real Yields 13. Hedging Flows as a Market-Maker PART III: PRODUCTS AND SOLUTIONS FOR END USERS 14. How, Why, and When to Issue Linkers for Sovereigns and Other Tax-Collecting Entities 15. Linker Issuance for Corporate Issuers 16. Why Invest in Linkers and Use Inflation Wwaps? 17. Inflation Indexed Products Within a Portfolio 18. Liability Driven Investments (LDI) and Inflation-Indexed Products



