LEADER 05490nam 22007214a 450 001 9910780380803321 005 20230617024600.0 010 $a1-280-26943-X 010 $a9786610269433 010 $a0-470-09287-4 035 $a(CKB)111087027097524 035 $a(EBL)219728 035 $a(OCoLC)54776185 035 $a(SSID)ssj0000150446 035 $a(PQKBManifestationID)11137471 035 $a(PQKBTitleCode)TC0000150446 035 $a(PQKBWorkID)10279948 035 $a(PQKB)10439256 035 $a(MiAaPQ)EBC219728 035 $a(Au-PeEL)EBL219728 035 $a(CaPaEBR)ebr10113936 035 $a(CaONFJC)MIL26943 035 $a(EXLCZ)99111087027097524 100 $a20030925d2004 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aEuropean fixed income markets$b[electronic resource] $emoney, bond, and interest rate derivatives /$f[edited by] Jonathan A. Batten, Thomas A. Fetherston, and Peter G. Szilagyi 210 $aChichester, West Sussex, England $cWiley$dc2004 215 $a1 online resource (506 p.) 225 1 $aWiley finance series 300 $aDescription based upon print version of record. 311 $a0-470-85053-1 320 $aIncludes bibliographical references and index. 327 $aEuropean Fixed Income Markets; Contents; Contributors; SECTION I PERSPECTIVE ON EUROPEAN FIXED INCOME AND DERIVATIVE MARKETS; 1 Introduction to the Volume; 1.1 Overview; 1.2 Chapter overview; References; 2 The Euro Area Bond Market: Integration and Development Under Monetary Union; 2.1 Introduction; 2.2 Theoretical underpinnings of financial integration; 2.3 Bond market development under monetary union; 2.4 Proposals and initiatives for reducing market fragmentation; 2.5 Conclusion; References; 3 Perspective on the Emerging European Financial Markets; 3.1 Introduction 327 $a3.2 Financial structures in emerging Europe 3.3 International bank borrowing; 3.4 International debt issues; 3.5 Domestic debt issues; 3.6 Conclusion; References; 4 Perspectives on European Derivative Markets; 4.1 Introduction and a brief history of the European derivative markets; 4.2 Europe's major derivative markets; 4.3 An overview of the contracts traded on EUREX and Euronext. Liffe; 4.4 Europe's other derivative markets; 4.5 What the future holds; 5 Benchmark Yield Curves in the Euro Market; 5.1 Introduction; 5.2 Characteristics of benchmark yield curves 327 $a5.3 Benchmark tipping in European bond markets 5.4 Government securities as benchmarks; 5.5 Interest rate swaps compete for benchmark status; 5.6 Prospects for other nongovernment benchmarks; References; 6 Some Facts on Pfandbrief Products in Europe; 6.1 Introduction; 6.2 Covered bonds, Pfandbrief products, and securitization; 6.3 The German traditional and jumbo Pfandbrief markets; 6.4 The French "Obligations Foncieres"; 6.5 The Spanish "Cedulas Hipotecarias"; 6.6 The Luxembourg "Lettres de Gage"; 6.7 Common aspects of Pfandbriefe products 327 $a6.8 Aspects characterizing the "quality" of Pfandbrief products 6.9 Conclusions and prospects; References; SECTION II COUNTRY STUDIES; 7 Austria; 7.1 Introduction; 7.2 Regulation; 7.3 Credit ratings; 7.4 Taxation; 7.5 Austrian Stock Exchange (Wiener Bo?rse); 7.6 The Austrian bond market; 7.7 Conclusion; References; 8 Belgium; 8.1 Introduction; 8.2 History and structure of the Belgian public debt; 8.3 Government bonds; 8.4 Corporate bonds; 8.5 Derivative products; References; 9 Czech Republic; 9.1 Introduction; 9.2 Financial market regulation; 9.3 Financial market participants 327 $a9.4 Money and fixed income instruments 9.5 Conclusion; References; 10 Denmark; 10.1 Introduction; 10.2 History and structure of the Danish bond market; 10.3 The Danish government bond market; 10.4 The market for Danish mortgage-backed securities; 10.5 Other fixed income instruments; 10.6 Market participants, regulation, and trading; References; 11 An Empirical Study of the Term Structure of Interest Rates in Denmark (1993-2002); 11.1 Introduction; 11.2 The EHTS and its testable implications; 11.3 Empirical results for Denmark (1993-2002); 11 .4 Concluding remarks; References 327 $a12 Finland, Iceland, Norway, and Sweden 330 $aThe introduction of the euro in 1999 cast a new focus on the financial markets of constituent euro-zone countries, which have subsequently emerged with the second largest bond market in the world. This new book offers in depth insights and advice for any practitioner in the European fixed-income and ancillary derivative markets, and includes in-depth analysis of euro and non-euro markets as well as emerging countries. 410 0$aWiley finance series. 606 $aCapital market$zEurope 606 $aCapital market$zEuropean Union countries 606 $aFixed-income securities$zEurope 606 $aFixed-income securities$zEuropean Union countries 615 0$aCapital market 615 0$aCapital market 615 0$aFixed-income securities 615 0$aFixed-income securities 676 $a332/.041/094 701 $aBatten$b Jonathan$01536387 701 $aFetherston$b Thomas A$01583104 701 $aSzilagyi$b Peter G.$f1976-$01583105 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910780380803321 996 $aEuropean fixed income markets$93865936 997 $aUNINA