Metadata language
Optimization of prematured treasury bonds redemption associated with selling of new bonds
Subtitle:Raport Badawczy = Research Report ; RB/31/2011
Creator: Publisher:Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences
Place of publishing: Date issued/created: Description:9 pages ; 21 cm ; Bibliography p. 8-9
Subject and Keywords:Optimization of debt management ; Multiple criteria: bond redemption and bond issue ; Minimization of debt servicing costs ; Optymalizacja zarządzania długiem ; Wiele kryteriów: wykup obligacji i emisja obligacji ; Minimalizacja kosztów obsługi długu
Abstract:The paper presents an approach to optimization of prematured bond redemption connected with an issue of new bonds. Both transactions are assumed in the auction form. The decision variables are: redemption level and new issue level, the criterion function expresses total servicing cost of the debt. The constraints of the problem comprise budgetary requirements and other features of the debt issued. The approach has been applied with the use of actual data. The paper is based on the research made in Ministry of Finance (Poland).
Relation:Raport Badawczy = Research Report
Resource type: Detailed Resource Type: Source: Language: Language of abstract: Rights:Creative Commons Attribution BY 4.0 license
Terms of use:Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -
Digitizing institution:Systems Research Institute of the Polish Academy of Sciences
Original in:Library of Systems Research Institute PAS
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