A history of interest rates
"A History of Interest Rates, Fourth Edition presents a readable account of interest rate trends and lending practices spanning over four millennia of economic history. Filled with in-depth insights and illustrative charts and tables, this unique resource provides a broad perspective on interest rate movements - from which financial professionals can evaluate contemporary interest rate and monetary developments - and applies analytical tools, such as yield-curve averaging and decennial averaging, to the data available." "A History of Interest Rates, Fourth Edition offers a highly detailed analysis of money markets and borrowing practices in major economies. It places the rates and corresponding credit forms in context by summarizing the political and economic events and financial customs of particular times and places." "To help you stay as current as possible, this revised and updated Fourth Edition contains a new chapter of contemporary material as well as added discussions of interest rate developments over the past ten years."--BOOK JACKET.
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LibraryThing ReviewUser Review - name99 - LibraryThing
I guess the author wanted to limit himself to the specific task of recording interest rates, not interpreting them, but the fact is that after a while I found myself skimming this. If he'd been able ... Read full review
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American Annual Average annuities Antwerp Bank of England bank rate bankers basis points became bond market bond yields borrowed British consols call money century B.C. Chart commercial paper corporate bond yields countries currency current yields decade decennial averages deposits discount rate Dutch Dutch Republic economic eighteenth century English Europe finance fluctuations foreign France Fuggers Genoa German gold government bond yields government bonds Holland investment investors Italy legal limit loans long rates long-term bond lottery privileges Low High Low Price market rates market yields maturity ment merchants million modern money market mortgages municipal national debt Netherlands nineteenth century nominal rate nual offering of rentes open-market rate paid period perpetual annuities prestiti Price Yield prime corporate bond quoted range rate of discount rates of interest redeemable redemption repayable rise Roman secured short rates short-term rates sinking fund Table term trade Treasury Stock trends twentieth century usually usury Venice yields rose