Roles and Uses of Risk-Free Assets

Full Text of Paper

Issue of Scientific Journal No. 2013-01
Read paper (PDF)

  • Source Type: Journal
  • Document Type: Study
  • Document Language: English
  • Published on: 31. 12. 2013
  • File Format: PDF
  • File Size: 846 kB

Ľubomíra Gertler

In: Societas et iurisprudentia • 2013 • Volume 1 • Issue 1 • Pages 246-254 • ISSN 1339-5467

Abstract: Looking into the concept of a risk-free rate we distinguish the two different streams. One takes into account a store of value in a safe investment (e.g. for pension funds or minimum provisioning via accumulation of cheap zero-risk weight assets) and another makes use of such measure as a proxy for quantification of risk. We are addressing a discrepancy between the two concepts since it creates a gap that may triggers imbalances in financial markets.

Key Words: Risk-Free Assets; Concepts of Risk-Free Assets; Risk-Free Rate; German Bund; Overnight Indexed Swap; Quantification of Risk; Imbalances in Financial Markets.


Bibliographic Citation

GERTLER, Ľ. Roles and Uses of Risk-Free Assets. Societas et iurisprudentia [online]. 2013, vol. 1, no. 1, pp. 246-254 [cit. 2020-01-01]. ISSN 1339-5467. Available at: