The Benefits of Sovereign, Municipal and Corporate Inflation-Linked Bonds in Long-Term Investment Decisions
Romain Deguest, Lionel Martellini, Vincent Milhau: This paper argues that inflation-linked bonds, in addition to being attractive for issuing corporations, are also attractive for investors such as pension funds facing long-term inflation-linked liabilities.
Author(s):
Senior Research Engineer at EDHEC-Risk Institute.
Professor of Finance at EDHEC Business School and Scientific Director of EDHEC-Risk Institute.
Deputy Scientific Director at EDHEC-Risk Institute.
| Type: | EDHEC Publication |
|---|---|
| Date: | le 23/04/2013 |
| Research Cluster : | Finance |
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