mortality models to analyse its payoff and discuss the key risk factors for the bond. We also investigate how the design of the …A key contribution to the development of the traded market for longevity risk was the issuance of the Kortis bond, the … world's first longevity trend bond, by Swiss Re in 2010. We analyse the design of the Kortis bond, develop suitable …

Historical events are reflected in asset prices. In this paper, we analyse government bond prices of Germany and … government bond prices. This holds, in particular, for the official outbreak of the war and the loss and gain of national … sovereignty. Other events to which historians attach great importance are not reflected in bond prices: The most prominent example …