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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

Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.571692&sl=1

Renseignements sur la publication
Ministère/Organisme
  • Bank of Canada.
TitreEasing restrictions on the stripping and reconstitution of Government of Canada bonds / by David Bolder and Serge Boisvert.
Titre de la série
  • Bank of Canada working paper 1701-9397 98-8
Type de publicationMonographie - Voir l'enregistrement principal
Langue[Anglais]
FormatTexte numérique
Document électronique
Autres formats offertsTexte matériel-[Anglais]
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.
Information sur la publication
  • Ottawa - Ontario : Bank of Canada June 1998.
Description22p.graph, tables
ISSN1701-9397
Numéro de catalogue
  • FB3-2/98-8E-PDF
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