Government Bond Investment Guide ()

Author: Ding Shengyuan
Publisher:
Publish Date: 2002-11-01
Features: The future cash flows of fixed-coupon-rate government bonds are certain, making them close relatives of savings deposits and fundamentally different from stocks. This book compares the similarities and differences between investing in government bonds and savings deposits, revealing their proper normal relationship. Next, it examines the theoretical basis for the evolution of government bond prices and focuses on the structural adjustments in the government bond market from early 2001 to 2002. The book introduces methods for selecting government bond varieties based on factors such as liquidity, yield, and price volatility of exchange-traded government bonds, and then choosing buying and selling timing by comparing the government bond yield curve with benchmark lines. This book combines theory, methods, tools, data, and experience in the government bond market into one, and proposes systematic and practical government bond investment strategies, filling the gap in related fields domestically.