Citation
Ak. Nag et Sk. Ghose, Yield curve analysis for government securities in India, ECON POLIT, 35(5), 2000, pp. 339
Citations number
14
Categorie Soggetti
Politucal Science & public Administration
Journal title
ECONOMIC AND POLITICAL WEEKLY
ISSN journal
00129976
→ ACNP
Volume
35
Issue
5
Year of publication
2000
Database
ISI
SICI code
0012-9976(200001/02)35:5<339:YCAFGS>2.0.ZU;2-K
Abstract
This study demonstrates the feasibility of constructing technically sound y
ield curves in the Indian context. It sets out a methodological basis for c
onstruction of yield curves SOP government securities in India and accordin
gly constructs yield curves for each of the months during the financial yea
rs 1996-97 and 1997-98, and apart of 1998-99. These yield curves ave interp
reted in the light of established theories. It is observed that these yield
curves have significant policy implications.