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.
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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:
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.
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Book Description Pearson, 1995. Book Condition: Fair. This book has soft covers. Ex-library, With usual stamps and markings, In fair condition, suitable as a study copy. Bookseller Inventory # 3603490
Book Description Pearson US Imports & PHIPEs. Paperback. Book Condition: Fair. Bookseller Inventory # G0135203708I5N00
Book Description Prentice Hall, 1996. Book Condition: As New. This Book is in Good Condition; Fast Shipping !!! Delivery Time 4-7 days. 100% Money back Guaranteed!!!. book. Bookseller Inventory # 0135203708