Theoretical and Applied Economics
No. 10 / 2012 (575)
Use of fixed income products within a company's portfolio
The Bucharest University of Economic Studies
Dan Costin NIŢESCU
The Bucharest University of Economic Studies
Abstract. Financial instruments have been developed over time from bonds, with a simple structure of cash flows, to yielding instruments that have a complex structure, attracting a much broader range of investors and permitting issuers of bonds to allow reduce the costs of fund raising. To construct investment strategies to control interest rate risk and grow revenues, investors must understand the forcesthat controls the bond market but also the tendencies.
The main objective of this paper is to show how they apply to an investment strategy and asset allocation tools available. Fixed income products occupy a large share in total assets, so we want to highlight how to use fixed income products in order to optimize the portfolio of companies. Working hypothesis we chose looks at how the value of financial assets is influenced by macroeconomic factors and market price developments. Investment banks, in particular, put great emphasis on fixed income products and their use by customers. Thus traditional banking and financial products together with fixed income products enables companies to finance current needs, to finance development and to diversify the asset allocation tools.
Keywords: fixed income products; bonds; yield; monetary policy; investment strategy.
Contents
- Use of fixed income products
within a company's portfolio
Vasile DEDU
Dan Costin NIŢESCU
- An empiric approach of the FDI-taxation
relationship in Romania
Ioan TALPOȘ
Bianca Maria LUDOŞEAN (STOICIU)
- Public-private partnership role in increasing
the quality of the health insurance services
Dan CONSTANTINESCU
- The economic integration:
concept and end of process
Liviu C. Andrei
- The readiness of employees
for the future society.
Case study
Lorena BĂTĂGAN
Daniela Luminiţa CONSTANTIN
- Transition to a green economy – a challenge
and a solution for the world economy
in multiple crisis context
Alina-Mihaela BABONEA
Radu-Marcel JOIA
- A VAR analysis of the connection between FDI
and economic growth in Romania
Bianca Maria LUDOŞEAN (STOICIU)
- EU budget reform in the context of the current
economic crisis
Ionela POPA
Denisa PARPANDEL
Diana CODREANU
- Technological innovation as a mean
to increase economic competitiveness
Daniela VASILE
Viorel VULTURESCU