You are not currently logged in.
Access JSTOR through your library or other institution:
If You Use a Screen ReaderThis content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Yield Curve Analysis for Government Securities in India
Ashok K. Nag and Sudip K. Ghose
Economic and Political Weekly
Vol. 35, No. 5, Money, Banking and Finance (Jan. 29 - Feb. 4, 2000), pp. 339-341+343-348
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4408880
Page Count: 9
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Preview not available
This study demonstrates the feasibility of constructing technically sound yield curves in the Indian context. It sets out a methodological basis for construction of yield curves for government securities in India and accordingly constructs yield curves for each of the months during the financial years 1996-97 and 1997-98, and a part of 1998-99. These yield curves are interpreted in the light of established theories. It is observed that these yield curves have significant policy implications.
Economic and Political Weekly © 2000 Economic and Political Weekly