Specification of estimating of zero-coupon curve problem for bonds with traditional investment characteristics through immunization theorem

Abstract

Financial events have stayed extremely actual since august of 2007, when United States faced with the crunch of subprime mortgage loans, and until existing global crisis of government debts. Nowadays our world has passed through very serious economic shocks since the third decade of 20th century, but, firstly, problems consist in the absence of fresh ideas, which could create the basis of qualitatively different technological and social development of humanity. This article, been an extension of work [1], is designed to help in formation of new world fi nancial conception, which is necessity for modern society.