Public debt
Issues of debt by governments to compensate for a lack of tax revenues.
Institutionalization
The gradual domination of financial markets by institutional
investors, as opposed to individual investors. This process has occurred
throughout the industrialized world.
Exact matching
A
bondportfolio managementstrategy that involves finding the lowest cost
portfolio generating cash inflows exactly equal to cash outflows that
are being financed by investment.( ...
