Bond Markets: Analysis and Strategies - Couverture souple

Fabozzi, Frank J.; Fabozzi, T.Dessa

Couverture souple

ISBN 10 : 0135203708 ISBN 13 : 9780135203705

Editeur : Pearson Education (US), 1995

Synopsis

This textbook on bonds takes a practical real-world approach to the subject. It includes detailed discussion of each type of bond including a wide range of products. The text features discussion of not only the instruments, but their investment characteristics, the state-of-the-art technology for valuing them, and portfolio strategies for using them. The third edition offers coverage of various market sectors, including mortgage-backed securities, asset-backed securities, technologies for valuing complex bond structures, actual bond portfolio management strategies and interest rate derivatives, as well as coverage on measuring and evaluating bond performance and valuation of options and swaps. The number of problems has increased by 50 percent in each chapter.

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: 1995
• Langue: anglais
• ISBN 10: 0135203708
• ISBN 13: 9780135203705
• Reliure: Broché
• Numéro d'édition: 3
• Nombre de pages: 640
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible