In recent years, there has been renewed interest in the yield curve as a predictor of future economic activity. In this paper, we re-examine the evidence for this predictor for the Indian market. The paper tries to indicate how the yield curve spread in a government securities market may be used...

Bond Theory is an integral part of financial market. Understanding the same is essential for students entering the market for career options. There are various types of bonds and pricing logic is different for different type of bonds. The differential approach presented in this write up tries to...

This paper analyses the India sovereign yield to find out the principal factors affecting the term structure of interest rate changes. We apply Principal Component Analysis (PCA) on our data consisting of zero coupon interest rates derived from government bond trading using Nelson-Siegel...