The profitability of the government securities: interest rate vs. yield

Speian (Friscu), Olesea

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dc.contributor.author	Speian (Friscu), Olesea
dc.date.accessioned	2023-03-01T09:01:03Z
dc.date.available	2023-03-01T09:01:03Z
dc.date.issued	2022-08
dc.identifier.isbn	978-9975-3590-5-4 (PDF)
dc.identifier.uri	https://irek.ase.md:443/xmlui/handle/123456789/2457
dc.description	SPEIAN (FRISCU), Olesea. The profitability of the government securities: interest rate vs. yield. In: Development Through Research and Innovation - 2022 [online]: The 3nd International Scientific Conference: Online Conference for Researchers, PhD and Post-Doctoral Students, August 26th, 2022, Chişinău. Chişinău, ASEM, 2022, pp. 159-167. ISBN 978-9975-3590-5-4 (PDF).	en_US
dc.description.abstract	The profitability of the financial instruments is in tandem with the managerial investment decision. To take right decisions the investors must have practical skills. Thus besides the general notions of government securities, investors must be familiar with the main calculation formulas applied to determine their profitability. In this context, the author shows how the price and the interest rate/yield of the government securities issued through the auctions by the government are determined. Based on this, investors can easily appreciate which government securities to buy: treasury bills or government bonds. The results indicate that the same debt instrument has a different interest rate and yield. Also, the paper highlights the yield curve’ importance and use. CZU: 336.763.33(478); JEL: G12, G23, H63; DOI: https://doi.org/10.53486/dri2022.17	en_US
dc.language.iso	en	en_US
dc.publisher	ASEM	en_US
dc.subject	government securities	en_US
dc.subject	price	en_US
dc.subject	interest rate	en_US
dc.subject	yield	en_US
dc.subject	auction	en_US
dc.title	The profitability of the government securities: interest rate vs. yield	en_US
dc.type	Article	en_US