Bond Markets, Analysis and Strategies: United States Edition - Hardcover

Fabozzi, Frank J.

Hardcover

ISBN 10: 0131986430 ISBN 13: 9780131986435

Publisher: Pearson, 2006

Synopsis

Target Market: Fixed Income Securities Courses or Bond Markets Courses

 

Fabozzi's, Bond Markets, prepares students to analyze the bond market and use the tools for managing bond portfolios.

 

Many texts on the market are far too theoretical, Fabozzi is quite the opposite.  This text covers Bonds, analytical techniques for valuing bonds and quantifying their exposure to changes in interest rates, and portfolio strategies for achieving a client’s objectives.

About this title

From the Back Cover:

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.

About the Author:

Frank J. Fabozzi, CFA, is editor of the Journal of Portfolio Management and an adjunct professor of finance at Yale University's School of Management.

About this edition

• Publisher: Pearson
• Publication date: 2006
• ISBN 10: 0131986430
• ISBN 13: 9780131986435
• Binding: Hardcover
• Edition number: 6
• Number of pages: 792