Monday, 20 January 2014

How to price Bonds

The Kouk has a great article on heres-why-italian-bond-yields-are-lower-than-australia.

It is all about how to price bonds.

The Kouk was in the fixed income market for quite a long time with TD securities ( The Australian offshoot of Toronto Dominion Bank).
He therefore knows quite a lot about the market.

It is an informative article for those who do not know how bonds are priced.

You cannot price shares without first pricing Government bonds!