Bond Markets: Analysis and Strategies - Couverture souple

Fabozzi, Frank J.; Fabozzi, T.Dessa

Couverture souple

ISBN 10 : 0130322105 ISBN 13 : 9780130322104

Editeur : Pearson Education (US), 1993

Synopsis

Aiming to provide a complete overview of the fixed income markets, this book is a detailed treatment of bond market instruments to control interest rate risks, analytical tools, and portfolio strategies. It includes mortgage-backed securities and discusses active portfolio strategies and structured portfolio strategies.

A propos du livre

Quatrième de couverture

Bond Markets, Analysis, and Strategies, Fifth Edition, takes a practical real-world approach to bond investing and includes a detailed discussion of each type of bond and interest rate derivative instrument. The text features a comprehensive discussion of not only the investment instruments, but also their speculative characteristics, the state-of-the-art technology for valuing them, techniques for quantifying interest rate risk, and the portfolio strategies for using them. These strategies include active strategies and structured portfolio strategies.

In the fifth edition, there are three new chapters:

• "Commercial Mortgage-Backed Securities"
• "Collateralized Debt Obligations"
• "Credit Derivatives"

There are major revisions to two chapters: "Treasury and Agency Securities Markets" and "Non-U.S. Bonds." In addition, there is expanded coverage of the factors considered by rating agencies in rating corporate bonds, asset classes securitized, tracking error and active portfolio strategies, and the valuation of interest rate swaps and caps/floors.

Présentation de l'éditeur

For undergraduate or graduate-level courses in Bonds and Investments, and other upper-level college courses in Economics or Finance that focus on bond markets.

This comprehensive textbook on bonds takes a practical real-world approach to the subject. It contains detailed presentations of each type of bond and includes a wide range of products. Extensive discussions include not only the instruments, but also their investment characteristics, the state-of-the art technology for valuing them, and portfolio strategies for using them.

Détails de l'édition

• Éditeur: Pearson Education (US)
• Date d'édition: 1993
• Langue: anglais
• ISBN 10: 0130322105
• ISBN 13: 9780130322104
• Reliure: Broché
• Numéro d'édition: 2
• Nombre de pages: 500
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible