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Bond Duration and Securing Against Risk of Change in Interest Rate

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F11%3A00180840" target="_blank" >RIV/62156489:43110/11:00180840 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Bond Duration and Securing Against Risk of Change in Interest Rate

  • Original language description

    Duration is the subject of this paper. It is important indicator used in bond trading, concretely to measure how sensitive a bond is to changes in interest rates. There are two types of duration described in the paper -- Macaulay duration and modified duration. Less known securing method against risk of interest rate change is described also. The method is immunization strategy. It uses duration like it is presented by two examples. This method can be also applied in portfolio theory.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    Z - Vyzkumny zamer (s odkazem do CEZ)

Others

  • Publication year

    2011

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    PEFnet 2011: European Scientific Conference of Ph.D. Students

  • ISBN

    978-80-7157-743-0

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    1-8

  • Publisher name

    Mendel University in Brno

  • Place of publication

    Brno

  • Event location

    Brno

  • Event date

    Dec 1, 2011

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article