Easing restrictions on the stripping and reconstitution of Government of Canada bonds / by David Bolder and Serge Boisvert. : FB3-2/98-8E-PDF
This paper reviews one method for limiting the ability of market participants to exercise undue influence over the prices of individual securities by easing restrictions that limit the fungibility of coupon and principal cash flows in the market for stripped securities. The two restrictions reconstituted beyond the amount originally issued, and the present non-fungibility of interest and coupon payments.--Abstract
Permanent link to this Catalogue record:
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| Department/Agency | Bank of Canada. |
|---|---|
| Title | Easing restrictions on the stripping and reconstitution of Government of Canada bonds / by David Bolder and Serge Boisvert. |
| Series title | Bank of Canada working paper1701-939798-8 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Other formats | Paper-[English] |
| Note(s) | "This paper reviews one method for limiting the ability of market participants to exercise undue influence over the prices of individual securities by easing restrictions that limit the fungibility of coupon and principal cash flows in the market for stripped securities. The two restrictions reconstituted beyond the amount originally issued, and the present non-fungibility of interest and coupon payments."--Abstract. The ISBN (0-662-26940-3) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication. Résumé en français. |
| Publishing information | Ottawa - Ontario : Bank of Canada June 1998. |
| Description | 22p.graph, tables |
| ISSN | 1701-9397 |
| Catalogue number |
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