We estimate corporate bond portfolios using numerous asset-specific characteristics. Our portfolio weights accommodate …

, which naturally widens as risk aversion or trading volume increases. In addition, we analyze the defaultable bond buyer …

diversified strategy in the market, then there is no sudden bankruptcy. After that a deterministic evolutionary bond market is … studied in detail. It is certified that a bond market is evolutionary stable, which is equal to arbitrage-free if and only if … the total returns defined in this paper across all the assets are the same, or each bond is evaluated by an improper …

escalation and inflation linked options), bond ladders, and investment portfolio. Assuming an annual decline in expenditure of 1 …, while a bond ladder provides the best solution when the baseline income is greater than about 20% of the initial portfolio …

We empirically investigate the importance of parameter uncertainty to bond investors. Using a Bayesian approach, we …

there is no clear common sense for that. Our main purpose in this paper is to present how the classical Fisher-Weil bond … change approximation and the associated bond hedging technique can be enhanced, such that we are able to solve simultaneously … these two issues. The good approximation of the bond or portfolio change we derive, allows to get an interesting consequence …

A system is implemented that simulates a bond portfolio over the long-term of liabilities. It pays all liabilities and … of return potential and risk drivers on the bond allocation, on assumptions and on market conditions in order to improve … €10billion insurer portfolio. Current market conditions favor short bond duration, reducing government bonds and mixing in …