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Czech Republic 1 estimation of parametric functions 1 government bonds 1 market expectations 1 term structure of interest rates 1 yield curve 1
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Free 1
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Article 1
Language
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Czech 1
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Málek, Jiří 1 Radová, Jarmila 1 Štěrba, Filip 1
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Politická ekonomie 1
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Vield curve construction using government bonds in the Czech republic
Málek, Jiří; Radová, Jarmila; Štěrba, Filip - In: Politická ekonomie 2007 (2007) 6, pp. 792-808
The paper deals with yield curve construction methods using coupon bonds in Czech bond market. Generally, there are more possibilities how to approach this problem: bootstraping, splines, parametric functions. Due to the lack of tradable public bonds and due to the fact that existing bonds do...
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