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):

RomainDeguest

Senior Research Engineer at EDHEC-Risk Institute.

LionelMartellini

Professor of Finance at EDHEC Business School and Scientific Director of EDHEC-Risk Institute.

Vincent Milhau

Deputy Scientific Director at EDHEC-Risk Institute.

Type: EDHEC Publication
Date: le 23/04/2013
Research Cluster : Finance

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