Bond Duration Analysis

       Duration analysis has a long history in the area of risk management. It was invented by Macaulay in 1938 as an alternative to term to maturity and it is a more accurate measurement of time dimension of a bond.More...

Credit Card Merchant Services, Credit Card Processing Service

Why The Central Bank Should Not Aim For Zero Inflation ?

In the last few decades we have seen that hyper inflation has been affecting almost all developing countries. Even the developed countries in the world have been fighting on and off with high inflation, especially after World War II.