Debt Securities

A companion volume to "A General Introduction to Institutional Investment", this title is intended for actuarial students and practitioners in the banking, finance and investment fields. It will also apply to second-year undergraduates in banking, finance and accountancy. The chapters on traditional UK fixed-interest stocks and preference shares are drawn directly from Day and Jamieson's original volume subject to minor editing and updating. The remainder of the text was written to reflect the conditions of the late 1980s and in particular to include overseas bond markets.