Inflation-Protected Bonds Around the World Barclays maintains a web site at https://ecommerce.barcap.com/inflation/index.shtml with information about inflation around the world and tools to help issuers and investors understand the inflation-linked asset class. Inflation-linked bonds were issued by a number of countries after 1945, including Israel, Argentina, Brazil, and Iceland. However, the modern market is generally deemed to have been born in 1981, when the first index-linked gilts were issued in the U.K. The other large markets adopted somewhat different calculations to those used by the U.K., mostly copying the more straightforward model first employed by Canada in 1991. In chronological order, the markets are the U.K. (1981), Australia (1985), Canada (1991), Sweden (1994), the United States (1997), France (1998), Italy (2003), and Japan (2004). Security Prices and Returns Go to www.investorwords.com. Locate the definitions and information for the following colorful financial terms: baby bond, bank-eligible issues, carve-out, Chinese wall, painting the tape, transparent market, scorched-earth policy, gather in the stops, greenmail, white knight, golden parachute, vetoing stock, on-the-run Treasuries, orphan stock, wallpaper, jumping the gun, poison pill, penny stock, and peace dividend. Explore some other terms on your own. |