Inflation Derivatives House of the Year - Barclays Capital

The Risk Awards 2007

p44-jpg

Just a year ago, there was talk of crisis in the UK inflation market. Since the adoption of accounting rule FRS 17 in 2005, UK companies have had to calculate their pension liabilities using a discount rate based on bond yields. Under pressure from regulators to eliminate deficits, pension funds had been piling into long-dated nominal and inflation-linked assets en masse.

The problem was, there simply wasn't enough supply. Corporate inflation issuance had more or less dried up, and while the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: