Státní dluhopisy ve vybraných evropských zemích

Abstract

This bachelor´s thesis topic is focused on a government bonds, which are considered as one of the most risk-free financial instruments. The aim of this thesis is to compare government bonds of three selected countries. Czech Republic, Slovakia, United Kingdom to be specific. Comparison is based on yield values. First theoretical part describes financial markets, bonds, rating agencies (including their methodology). Issuers and their government bonds markets are introduced in following chapter. Final practical part begins with own simplified rating, which is compared to Moody´s official rating level. Particular bonds with different maturity are compared in next step. Current situation at government bonds markets, when most of the world economies face recession, is analyzed at the very end of this thesis.