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Found 2 from your keywords: author=Garbade, Kenneth D.
cover
Birth of a Market: The U.S. Treasury Securities Market from the Great War to …
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Garbade, Kenneth D.

The market for U.S. Treasury securities is a marvel of modern finance. In 2009 the Treasury auctioned #8.2 trillion of new securities, ranging from 4-day bills to 30-year bonds, in 283 offerings on 171 different days. By contrast, in the decade before World War I, there was only about #1 billion of interest-bearing Treasury debt outstanding, spread out over just six issues. New offerings were r…

Edition
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ISBN/ISSN
9780262298674
Collation
1 online resource (viii, 393 pages) :illustrations
Series Title
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Call Number
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cover
Pricing corporate securities as contingent claims
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Garbade, Kenneth D.

An examination of the relative value of securities in a corporation's capital structure, using the concept of contingent value analysis.In 1973, Fischer Black, Myron Scholes, and Robert Merton pointed out that securities issued by a corporation can be priced as claims whose values are contingent on the value of the enterprise as a whole. The notion of treating corporate securities as contingent…

Edition
-
ISBN/ISSN
9780262273480
Collation
1 online resource (xii, 415 pages) :illustrations
Series Title
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Call Number
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