• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site
For visually-impairedUser profile (HSE staff only)SearchMenu

Inflation-indexed Bonds as a Protective Investment Tool

Student: Anzori Gorgidzhanov

Supervisor: Sergey V. Kurochkin

Faculty: Faculty of Economic Sciences

Educational Programme: Economics (Bachelor)

Year of Graduation: 2017

In the framework of this study, the Inflation-indexed Bonds, recently introduced in the government securities market, is being considered. The aim of this paper is a theoretical and empirical study of the ability of Inflation-indexed Bonds to serve as a protective investment tool, namely the ability of this asset to protect the investor from inflation, diversify the portfolio and bring a stable income. In this connection, the study of properties and characteristics of Inflation-indexed Bonds is conducted, empirically demonstrates the ability of this investment tool to diversify the portfolio. Also, the recent occurrence and release of such state securities in the Russian Federation is assessed, their issue and foreign experience in using indexed bonds is being studied.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses