government bonds

Consider the process by which a security or investment is priced. Separately, if it has similar fundamental underpinnings to the core part of portfolio, typically listed equity.

With historic levels of volatility being experienced in even the lowest risk asset classes like Government Bonds, we thought it worth providing a refresher on the capital structure of modern-day corporates and more importantly banks. We will also provide a short summary of the difference between a ‘normal’ bond and the unfortunately named ‘junk bond’….