FIXED-INCOME SECURITIES - The Usefulness of Inverse Floaters - Inverse floaters are sometimes characterized by the popular financial press in unfavorable terms, particularly with respect to their reported role in a number of municipal financial crises during the mid-1990s. In this article, the authors show how inverse floaters can be used in conjunction with government bonds and repo leverage to ...
| Year of publication: |
2000
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| Authors: | Babbel, David F. ; Ma, Cindy W. ; Ni, Bing J. |
| Published in: |
The journal of portfolio management : a publication of Institutional Investor. - New York, NY : Institutional Investor, ISSN 0095-4918, ZDB-ID 1971451. - Vol. 26.2000, 2, p. 71-80
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