Analysis of the advantages and disadvantages floating principle Treasury Inflation Protected Securities (TIPS) against floating rate TIPS in IRAN
Floating rate issuance is one of the financial innovations that has attracted the attention of the public and private sectors in recent decades. Basically, financiers are looking for access to less expensive financial resources, and investors are also looking for high-yield, low-risk investment o...
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| Format: | Article |
| Language: | fas |
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Securities Exchange
2022-08-01
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| Series: | فصلنامه بورس اوراق بهادار |
| Subjects: | |
| Online Access: | https://journal.seo.ir/article_11281_948dd05a50ad2e499f1111f59675ae3f.pdf |
| _version_ | 1811176071889944576 |
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| author | VAHID NEKOUIE yunes salmani MAJID KARIMI |
| author_facet | VAHID NEKOUIE yunes salmani MAJID KARIMI |
| author_sort | VAHID NEKOUIE |
| collection | DOAJ |
| description | Floating rate issuance is one of the financial innovations that has attracted the attention of the public and private sectors in recent decades. Basically, financiers are looking for access to less expensive financial resources, and investors are also looking for high-yield, low-risk investment opportunities. Accordingly, the design of this tool should be in a way to bring the utility of both parties to a satisfactory point, which is provided according to the conditions, expectations and economic policies. When the government enters as an economic policy maker, this issue takes on other dimensions, so the issue of economic management of the country, management of government debts and liabilities, the amount of money and liquidity, formation of interest rates in the economy and its relationship with budget deficits, management of economic cycles and its determination is of great importance that should be considered in the design of this tool. Treasury inflation protected securities are a type of floating-rate securities that are often issued by governments, so they need to be studied more carefully in order to be more localized. The present article uses a descriptive-analytical method to examine the advantages and disadvantages of issuing securities for the government. The results of this study show that the economic effects of Treasury Inflation Protected Securities are very different from floating-rate securities, and given the current economic situation of the country with high and variable inflation rates, treasury inflation protected securities are recommended. |
| first_indexed | 2024-04-10T19:46:06Z |
| format | Article |
| id | doaj.art-39133415ef7e4d4cbee12a9ae2f6fecf |
| institution | Directory Open Access Journal |
| issn | 2228-5431 2820-9893 |
| language | fas |
| last_indexed | 2024-04-10T19:46:06Z |
| publishDate | 2022-08-01 |
| publisher | Securities Exchange |
| record_format | Article |
| series | فصلنامه بورس اوراق بهادار |
| spelling | doaj.art-39133415ef7e4d4cbee12a9ae2f6fecf2023-01-29T05:24:00ZfasSecurities Exchangeفصلنامه بورس اوراق بهادار2228-54312820-98932022-08-011558416010.22034/jse.2022.11447.160411281Analysis of the advantages and disadvantages floating principle Treasury Inflation Protected Securities (TIPS) against floating rate TIPS in IRANVAHID NEKOUIE0yunes salmani1MAJID KARIMI2M.Sc. Student, Department of Financial Economics, Imam Sadiq University (AS), Tehran, IranPh.D. Department of Economics, Tarbiat Modares University, Tehran, Iran.Ph.D. Student, Department of Financial Economics, Imam Sadiq University (AS), Tehran, Iran.Floating rate issuance is one of the financial innovations that has attracted the attention of the public and private sectors in recent decades. Basically, financiers are looking for access to less expensive financial resources, and investors are also looking for high-yield, low-risk investment opportunities. Accordingly, the design of this tool should be in a way to bring the utility of both parties to a satisfactory point, which is provided according to the conditions, expectations and economic policies. When the government enters as an economic policy maker, this issue takes on other dimensions, so the issue of economic management of the country, management of government debts and liabilities, the amount of money and liquidity, formation of interest rates in the economy and its relationship with budget deficits, management of economic cycles and its determination is of great importance that should be considered in the design of this tool. Treasury inflation protected securities are a type of floating-rate securities that are often issued by governments, so they need to be studied more carefully in order to be more localized. The present article uses a descriptive-analytical method to examine the advantages and disadvantages of issuing securities for the government. The results of this study show that the economic effects of Treasury Inflation Protected Securities are very different from floating-rate securities, and given the current economic situation of the country with high and variable inflation rates, treasury inflation protected securities are recommended.https://journal.seo.ir/article_11281_948dd05a50ad2e499f1111f59675ae3f.pdftreasury inflation protected securitiesfloating rate securitiesinflation rategovernmentreal interest rates |
| spellingShingle | VAHID NEKOUIE yunes salmani MAJID KARIMI Analysis of the advantages and disadvantages floating principle Treasury Inflation Protected Securities (TIPS) against floating rate TIPS in IRAN فصلنامه بورس اوراق بهادار treasury inflation protected securities floating rate securities inflation rate government real interest rates |
| title | Analysis of the advantages and disadvantages floating principle Treasury Inflation Protected Securities (TIPS) against floating rate TIPS in IRAN |
| title_full | Analysis of the advantages and disadvantages floating principle Treasury Inflation Protected Securities (TIPS) against floating rate TIPS in IRAN |
| title_fullStr | Analysis of the advantages and disadvantages floating principle Treasury Inflation Protected Securities (TIPS) against floating rate TIPS in IRAN |
| title_full_unstemmed | Analysis of the advantages and disadvantages floating principle Treasury Inflation Protected Securities (TIPS) against floating rate TIPS in IRAN |
| title_short | Analysis of the advantages and disadvantages floating principle Treasury Inflation Protected Securities (TIPS) against floating rate TIPS in IRAN |
| title_sort | analysis of the advantages and disadvantages floating principle treasury inflation protected securities tips against floating rate tips in iran |
| topic | treasury inflation protected securities floating rate securities inflation rate government real interest rates |
| url | https://journal.seo.ir/article_11281_948dd05a50ad2e499f1111f59675ae3f.pdf |
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