Advanced Fixed Income Analysis

Advanced Fixed Income Analysis
Author: Moorad Choudhry,Michele Lizzio
Publsiher: Elsevier
Total Pages: 272
Release: 2015-08-28
ISBN 10: 0080999417
ISBN 13: 9780080999418
Language: EN, FR, DE, ES & NL

Advanced Fixed Income Analysis Book Review:

Each new chapter of the Second Edition covers an aspect of the fixed income market that has become relevant to investors but is not covered at an advanced level in existing textbooks. This is material that is pertinent to the investment decisions but is not freely available to those not originating the products. Professor Choudhry’s method is to place ideas into contexts in order to keep them from becoming too theoretical. While the level of mathematical sophistication is both high and specialized, he includes a brief introduction to the key mathematical concepts. This is a book on the financial markets, not mathematics, and he provides few derivations and fewer proofs. He draws on both his personal experience as well as his own research to bring together subjects of practical importance to bond market investors and analysts. Presents practitioner-level theories and applications, never available in textbooks Focuses on financial markets, not mathematics Covers relative value investing, returns analysis, and risk estimation

Advanced Fixed Income Analysis

Advanced Fixed Income Analysis
Author: Moorad Choudhry,Michele Lizzio
Publsiher: Elsevier
Total Pages: 176
Release: 2004-06-08
ISBN 10: 0080488188
ISBN 13: 9780080488189
Language: EN, FR, DE, ES & NL

Advanced Fixed Income Analysis Book Review:

This book is aimed at experienced practitioners in the corporate bond markets and is a specialised text for investors and traders. The author relates from both personal experience as well as his own research to bring together subjects of practical importance to bond market practitioners. He introduces the latest techniques used for analysis and interpretation, including: Relative value trading Approaches to trading and hedging Dynamic analysis of spot and forward rates Interest rate modelling Fitting the yield curve Analysing the long bond yield Index-linked bond analytics Corporate bond defaults * Aspects of advanced analysis for experienced bond market practitioners * Complex topics described in an accessible style * Brings together a wide range of topics in one volume

Advanced Fixed Income Analysis

Advanced Fixed Income Analysis
Author: Moorad Choudhry,Michele Lizzio
Publsiher: Butterworth-Heinemann
Total Pages: 250
Release: 2015-08-28
ISBN 10: 9780080999388
ISBN 13: 0080999387
Language: EN, FR, DE, ES & NL

Advanced Fixed Income Analysis Book Review:

Each new chapter of Advanced Fixed Income Analysis, Second Edition, covers an aspect of the fixed income market that has become relevant to investors but is not covered at an advanced level in existing textbooks. This is material that is pertinent to investment decisions but is not freely available to those not originating the products. Professor Choudhry places ideas into contexts in order to keep them from becoming too theoretical. While his book's level of mathematical sophistication is both high and specialized, he includes a brief introduction to the key mathematical concepts. This is a book on the financial markets, not mathematics, and Professor Choudhry de-emphasizes derivations and proofs. He draws on both his personal experience as well as his own research to bring together subjects of practical importance to bond market practitioners. Presents practitioner-level theories and applications, never available in textbooks Focuses on financial markets, not mathematics Covers relative value investing, returns analysis, and risk estimation

Advanced Fixed Income Analytics

Advanced Fixed Income Analytics
Author: Wesley Phoa
Publsiher: John Wiley & Sons
Total Pages: 237
Release: 1997-11-09
ISBN 10: 9781883249342
ISBN 13: 1883249341
Language: EN, FR, DE, ES & NL

Advanced Fixed Income Analytics Book Review:

Advanced Fixed Income Analytics helps fixed income professionals stay abreast of the latest developments in the field by providing a practical account of quantitative methods in the fixed income market. Wesley Phoa covers a variety of important topics within the bond markets, including inflation-indexed bonds, prepayment risk and modeling, term structure models, credit spread and volatility risk, and risk measures and return attribution. The information and guidance of Advanced Fixed Income Analytics has a strong emphasis on empirical analysis and practical applications that will prepare you for anything within the fixed income market.

The Advanced Fixed Income and Derivatives Management Guide

The Advanced Fixed Income and Derivatives Management Guide
Author: Saied Simozar
Publsiher: John Wiley & Sons
Total Pages: 368
Release: 2015-06-15
ISBN 10: 111901414X
ISBN 13: 9781119014140
Language: EN, FR, DE, ES & NL

The Advanced Fixed Income and Derivatives Management Guide Book Review:

A highly-detailed, practical analysis of fixed income management The Advanced Fixed Income and Derivatives Management Guide provides a completely novel framework for analysis of fixed income securities and portfolio management, with over 700 useful equations. The most detailed analysis of inflation linked and corporate securities and bond options analysis available;, this book features numerous practical examples that can be used for creating alpha transfer to any fixed income portfolio. With a framework that unifies back office operations, such as risk management and portfolio management in a consistent way, readers will be able to better manage all sectors of fixed income, including bonds, mortgages, credits, and currencies, and their respective derivatives, including bond and interest rate futures and options, callable bonds, credit default swaps, interest rate swaps, swaptions and inflation swaps. Coverage includes never-before-seen detail on topics including recovery value, partial yields, arbitrage, and more, and the companion website features downloadable worksheets that can be used for measuring the risks of securities based on the term structure models. Many theoretical models of the Term Structure of Interest Rates (TSIR) lack the accuracy to be used by market practitioners, and the most popular models are not mathematically stable. This book helps readers develop stable and accurate TSIR for all fundamental rates, enabling analysis of even the most complex securities or cash flow structure. The components of the TSIR are almost identical to the modes of fluctuations of interest rates and represent the language with which the markets speak. Examine unique arbitrage, risk measurement, performance attribution, and replication of bond futures Learn to estimate recovery value from market data, and the impact of recovery value on risks Gain deeper insight into partial yields, product design, and portfolio construction Discover the proof that corporate bonds cannot follow efficient market hypothesis This useful guide provides a framework for systematic and consistent management of all global fixed income assets based on the term structure of rates. Practitioners seeking a more thorough management system will find solutions in The Advanced Fixed Income and Derivatives Management Guide.

Fixed Income Analysis

Fixed Income Analysis
Author: Jerald E. Pinto,Barbara Petitt,Wendy L. Pirie
Publsiher: John Wiley & Sons
Total Pages: 640
Release: 2015-01-27
ISBN 10: 1118999495
ISBN 13: 9781118999493
Language: EN, FR, DE, ES & NL

Fixed Income Analysis Book Review:

The essential guide to fixed income portfolio management, from the experts at CFA Fixed Income Analysis provides authoritative and up-to-date coverage of how investment professionals analyze and manage fixed income portfolios. With detailed information from CFA Institute, this guide contains comprehensive, example-driven presentations of all essential topics in the field to provide value for self-study, general reference, and classroom use. Readers are first introduced to the fundamental concepts of fixed income before continuing on to analysis of risk, asset-backed securities, term structure analysis, and a general framework for valuation that assumes no prior relevant background. The final section of the book consists of three readings that build the knowledge and skills needed to effectively manage fixed income portfolios, giving readers a real-world understanding of how the concepts discussed are practically applied in client-based scenarios. Part of the CFA Institute Investment series, this book provides a thorough exploration of fixed income analysis, clearly presented by experts in the field. Readers gain critical knowledge of underlying concepts, and gain the skills they need to translate theory into practice. Understand fixed income securities, markets, and valuation Master risk analysis and general valuation of fixed income securities Learn how fixed income securities are backed by pools of assets Explore the relationships between bond yields of different maturities Investment analysts, portfolio managers, individual and institutional investors and their advisors, and anyone with an interest in fixed income markets will appreciate this access to the best in professional quality information. For a deeper understanding of fixed income portfolio management practices, Fixed Income Analysis is a complete, essential resource.

Advanced Fixed Income Valuation Tools

Advanced Fixed Income Valuation Tools
Author: Narasimhan Jegadeesh,Bruce Tuckman
Publsiher: John Wiley & Sons
Total Pages: 414
Release: 1999-12-28
ISBN 10: 9780471254195
ISBN 13: 0471254193
Language: EN, FR, DE, ES & NL

Advanced Fixed Income Valuation Tools Book Review:

Presenting the most advanced thinking on the topic, this book covers the latest valuation models and techniques. It addresses essential topics such as the subtleties of fixed-income mathematics, new approaches to modeling term structures, and the applications of fixed-income valuation on credit risk, mortgages, munis, and indexed bonds.

Fixed Income Analysis

Fixed Income Analysis
Author: Barbara S. Petitt
Publsiher: John Wiley & Sons
Total Pages: 944
Release: 2019-10-22
ISBN 10: 1119627281
ISBN 13: 9781119627289
Language: EN, FR, DE, ES & NL

Fixed Income Analysis Book Review:

"We are pleased to bring you Fixed Income Analysis, which provides authoritative and up-to-date coverage of how investment professionals analyze and manage fixed-income portfolios. As with many of the other titles in the CFA Institute Investment Series, the content for this book is drawn from the official CFA Program curriculum. As such, readers can rely on the content of this book to be current, globally relevant, and practical. The content was developed in partnership by a team of distinguished academics and practitioners, chosen for their acknowledged expertise in the field, and guided by CFA Institute. It is written specifically with the investment practitioner in mind and provides numerous examples and practice problems that reinforce the learning outcomes and demonstrate real-world applicability"--

Fixed Income Analysis Workbook

Fixed Income Analysis Workbook
Author: Frank J. Fabozzi
Publsiher: Wiley
Total Pages: 360
Release: 2007-01-22
ISBN 10: 9780470069196
ISBN 13: 0470069198
Language: EN, FR, DE, ES & NL

Fixed Income Analysis Workbook Book Review:

In this fully revised and updated Second Edition of Fixed Income Analysis, readers will be introduced to a variety of important fixed income analysis issues, including the general principles of credit analysis, term structure and volatility of interest rates, and valuing bonds with embedded options.

Fixed Income Securities

Fixed Income Securities
Author: Bruce Tuckman,Angel Serrat
Publsiher: John Wiley & Sons
Total Pages: 640
Release: 2011-10-13
ISBN 10: 111813396X
ISBN 13: 9781118133965
Language: EN, FR, DE, ES & NL

Fixed Income Securities Book Review:

Fixed income practitioners need to understand the conceptualframeworks of their field; to master its quantitative tool-kit; andto be well-versed in its cash-flow and pricing conventions.Fixed Income Securities, Third Edition by Bruce Tuckman andAngel Serrat is designed to balance these three objectives. Thebook presents theory without unnecessary abstraction; quantitativetechniques with a minimum of mathematics; and conventions at auseful level of detail. The book begins with an overview of global fixed income marketsand continues with the fundamentals, namely, arbitrage pricing,interest rates, risk metrics, and term structure models to pricecontingent claims. Subsequent chapters cover individual markets andsecurities: repo, rate and bond forwards and futures, interest rateand basis swaps, credit markets, fixed income options, andmortgage-backed-securities. Fixed Income Securities, Third Edition is full ofexamples, applications, and case studies. Practically everyquantitative concept is illustrated through real market data. Thispractice-oriented approach makes the book particularly useful forthe working professional. This third edition is a considerable revision and expansion ofthe second. Most examples have been updated. The chapters on fixedincome options and mortgage-backed securities have beenconsiderably expanded to include a broader range of securities andvaluation methodologies. Also, three new chapters have been added:the global overview of fixed income markets; a chapter on corporatebonds and credit default swaps; and a chapter on discounting withbases, which is the foundation for the relatively recent practiceof discounting swap cash flows with curves based on money marketrates. [FOR THE UNIVERSITY EDITION] This university edition includes problems which students can useto test and enhance their understanding of the text.

Fixed Income Securities and Derivatives Handbook

Fixed Income Securities and Derivatives Handbook
Author: Moorad Choudhry
Publsiher: John Wiley & Sons
Total Pages: 475
Release: 2010-08-02
ISBN 10: 9781576603345
ISBN 13: 1576603342
Language: EN, FR, DE, ES & NL

Fixed Income Securities and Derivatives Handbook Book Review:

Praise for Fixed-Income Securities and Derivatives Handbook Second Edition "I have been looking for books for my clients and obtained a copy of your book. I think it is the best book about fixed-income securities out there. The book is extremely well written and is the best resource I have found so far." —Patrick Y. Shim, Financial Advisor, CG Investment Group, Wells Fargo Advisors, LLC The Second Edition of the Fixed-Income Securities and Derivatives Handbook is a fully updated and expanded post-crash edition of Moorad Choudhry's bestselling guide. In this latest edition, he explains the new regulatory twists, the evolving derivatives market, as well as a new set of instruments and opportunities in the bond market. Thoroughly updated and revised, this Second Edition includes new material on important topics such as: A practical demonstration of cubic spline methodology, useful in constructing yield curves The latest developments in the credit derivative market An accessible analysis of credit default swap pricing principles A description of inflation-indexed derivatives A more detailed look at the basic principles of securitization and an updated chapter on collateralized debt obligations A new chapter on credit analysis and the different metrics used to measure bond-relative value Written in a straightforward and accessible style, Moorad Choudhry's new book offers the ideal mix of practical tips and academic theory.

Fixed Income Relative Value Analysis

Fixed Income Relative Value Analysis
Author: Doug Huggins,Christian Schaller
Publsiher: John Wiley & Sons
Total Pages: 382
Release: 2013-05-20
ISBN 10: 1118477219
ISBN 13: 9781118477212
Language: EN, FR, DE, ES & NL

Fixed Income Relative Value Analysis Book Review:

As western governments issue increasing amounts of debt, the fixedincome markets have never been more important. Yet the methods foranalyzing these markets have failed to keep pace with recentdevelopments, including the deterioration in the credit quality ofmany sovereign issuers. In Fixed Income Relative Value Analysis,Doug Huggins and Christian Schaller address this gap with a set ofanalytic tools for assessing value in the markets for governmentbonds, interest rate swaps, and related basis swaps, as well asassociated futures and options. Taking a practitioner’s point of view, the book presentsthe theory behind market analysis in connection with tools forfinding and expressing trade ideas. The extensive use of actualmarket examples illustrates the ways these analytic tools can beapplied in practice. The book covers: Statistical models for quantitative market analysis, inparticular mean reversion models and principal componentanalysis. An in-depth approach to understanding swap spreads in theoryand in practice. A comprehensive discussion of the various basis swaps and theircombinations. The incorporation of credit default swaps in yield curveanalysis. A classification of option trades, with appropriate analysistools for each category. Fitted curve techniques for identifying relative value amongdifferent bonds. A multi-factor delivery option model for bond futurecontracts. Fixed Income Relative Value Analysis provides aninsightful presentation of the relevant statistical and financialtheories, a detailed set of statistical and financial tools derivedfrom these theories, and a multitude of actual trades resultingfrom the application of these tools to the fixed income markets. Assuch, it’s an indispensable guide for relative valueanalysts, relative value traders, and portfolio managers for whomsecurity selection and hedging are part of the investmentprocess.

Introduction to Fixed Income Analytics

Introduction to Fixed Income Analytics
Author: Frank J. Fabozzi,Steven V. Mann
Publsiher: John Wiley & Sons
Total Pages: 496
Release: 2010-09-17
ISBN 10: 9780470922101
ISBN 13: 0470922109
Language: EN, FR, DE, ES & NL

Introduction to Fixed Income Analytics Book Review:

A comprehensive introduction to the key concepts of fixed income analytics The First Edition of Introduction to Fixed Income Analytics skillfully covered the fundamentals of this discipline and was the first book to feature Bloomberg screens in examples and illustrations. Since publication over eight years ago, the markets have experienced cathartic change. That's why authors Frank Fabozzi and Steven Mann have returned with a fully updated Second Edition. This reliable resource reflects current economic conditions, and offers additional chapters on relative value analysis, value-at-risk measures and information on instruments like TIPS (treasury inflation protected securities). Offers insights into value-at-risk, relative value measures, convertible bond analysis, and much more Includes updated charts and descriptions using Bloomberg screens Covers important analytical concepts used by portfolio managers Understanding fixed-income analytics is essential in today's dynamic financial environment. The Second Edition of Introduction to Fixed Income Analytics will help you build a solid foundation in this field.

Fixed Income Securities

Fixed Income Securities
Author: Frank J. Fabozzi
Publsiher: John Wiley and Sons
Total Pages: 480
Release: 2008-04-21
ISBN 10: 9780470304020
ISBN 13: 0470304022
Language: EN, FR, DE, ES & NL

Fixed Income Securities Book Review:

A Comprehensive Guide to All Aspects of Fixed Income Securities Fixed Income Securities, Second Edition sets the standard for a concise, complete explanation of the dynamics and opportunities inherent in today's fixed income marketplace. Frank Fabozzi combines all the various aspects of the fixed income market, including valuation, the interest rates of risk measurement, portfolio factors, and qualities of individual sectors, into an all-inclusive text with one cohesive voice. This comprehensive guide provides complete coverage of the wide range of fixed income securities, including: * U.S. Treasury securities * Agencies * Municipal securities * Asset-backed securities * Corporate and international bonds * Mortgage-backed securities, including CMOs * Collateralized debt obligations (CDOs) For the financial professional who needs to understand the fundamental and unique characteristics of fixed income securities, Fixed Income Securities, Second Edition offers the most up-to-date facts and formulas needed to navigate today's fast-changing financial markets. Increase your knowledge of this market and enhance your financial performance over the long-term with Fixed Income Securities, Second Edition. www.wileyfinance.com

Fixed Income Securities

Fixed Income Securities
Author: Sunil Kumar Parameswaran
Publsiher: Walter de Gruyter GmbH & Co KG
Total Pages: 478
Release: 2019-11-18
ISBN 10: 1547400684
ISBN 13: 9781547400683
Language: EN, FR, DE, ES & NL

Fixed Income Securities Book Review:

Fixed Income Securities covers the entire gamut of fixed income products, from plain vanilla bonds to interest rate derivatives and mortgage-backed securities. With helpful numerical illustrations and explanations on the use of specific functions in Excel, this book presents essential constructs and concepts, with a simultaneous focus on practical applications and issues of interest to market professionals. Sunil Kumar Parameswaran delves into the time value of money, bonds, yield measures, money markets, interest rate futures, and interest rate swaps to provide an in-depth look at issues pertaining to fixed income securities. This book is an essential resource for professionals in the fields of brokerage, insurance, mutual funds, pension funds, hedge funds, commercial and investment banks, as well as students of finance.

Fixed Income and Interest Rate Derivative Analysis

Fixed Income and Interest Rate Derivative Analysis
Author: Mark Britten-Jones
Publsiher: Elsevier
Total Pages: 220
Release: 1998-10-15
ISBN 10: 0080506542
ISBN 13: 9780080506548
Language: EN, FR, DE, ES & NL

Fixed Income and Interest Rate Derivative Analysis Book Review:

Fixed Income and Interest Rate Derivative Analysis gives a clear and accessible approach to the analytical techniques of debt instrument valuation. Without using complicated mathematical abstractions, this text shows that the fundamentals of fixed income and interest rate derivate analysis can be easily understood when seen as a small number of simple economic concepts. Concepts inroduced in this book are reinforced and explained, not with the use of high-powered mathematics, but with actual examples of various market instruments and case studies from North America, Europe, Australia and Hong Kong. The text also contains review questions which aid the reader in their understanding. Mark Britten-Jones, BEcon, MA, PhD, is an Assistant Professor of Finance at the London Business School where he teaches Fixed Income Securities and Markets as part of a MBA and Master's course in Finance. A comprehensive and accessible explanation of underlying theory, and its practical application Case studies and worked examples from around the world's capital markets How to use spreadsheet modelling in fixed income and interest rate derivative valuation

Fixed Income Mathematics

Fixed Income Mathematics
Author: Frank J. Fabozzi
Publsiher: Irwin Professional Publishing
Total Pages: 408
Release: 1988
ISBN 10:
ISBN 13: UCSC:32106011859854
Language: EN, FR, DE, ES & NL

Fixed Income Mathematics Book Review:

The standard reference for fixed income portfolio managers Despite their conservative nature, fixed income instruments are among the investment industry's most complex and potentially risky investments. Fixed Income Mathematics is recognized worldwide as the essential professional reference for understanding the concepts and evaluative methodologies for bonds, mortgage-backed securities, asset-backed securities, and other fixed income instruments. This fully revised and updated fourth edition features all-new illustrations of the future and present value of money, with appendices on continuous compounding and new sections and chapters addressing risk measures, cash flow characteristics of credit-sensitive mortgage-backed and asset-backed securities, and more.

Demystifying Fixed Income Analytics

Demystifying Fixed Income Analytics
Author: Kedar Nath Mukherjee
Publsiher: Taylor & Francis
Total Pages: 460
Release: 2020-07-29
ISBN 10: 1000088685
ISBN 13: 9781000088687
Language: EN, FR, DE, ES & NL

Demystifying Fixed Income Analytics Book Review:

This book discusses important aspects of fixed income securities in emerging economies. Key features • Clarifies all conceptual and analytical aspects of fixed income securities and bonds, and covers important interest rate and credit derivative instruments in a simple and practical way. • Examines topics such as classifications of fixed income instruments; related risk-return measures; yield curve and term structure of interest rates; interest rate derivatives (forwards, futures and swaps), credit derivatives (credit default swaps); and trading strategies and risk management. • Provides step-by-step explanation of fixed income products by including real-life examples, scenarios and cases, especially in the context of emerging markets. • Presents consistent reference of actual market practices to make the chapters practice oriented while maintaining a lucid style complemented by adequate reading inputs and clear learning outcomes. • Includes complete solutions of numericals and cases for all chapters as an eResource on the Routledge website to aid understanding. The book will serve as a ready guide to both professionals from banking and finance industry (fixed income/bond dealers; fund/investment/portfolio managers; investment bankers; financial analysts/consultants; risk management specialists), and those in academics, including students, research scholars, and teachers in the fields of business management, banking, insurance, finance, financial economics, business economics, and risk management.

Fixed Income Analysis

Fixed Income Analysis
Author: Frank J. Fabozzi
Publsiher: John Wiley & Sons
Total Pages: 768
Release: 2007-03-15
ISBN 10: 9780470107843
ISBN 13: 0470107847
Language: EN, FR, DE, ES & NL

Fixed Income Analysis Book Review:

Fixed Income Securities

Fixed Income Securities
Author: Lionel Martellini,Philippe Priaulet,Stéphane Priaulet
Publsiher: John Wiley & Sons
Total Pages: 662
Release: 2005-09-27
ISBN 10: 0470868228
ISBN 13: 9780470868225
Language: EN, FR, DE, ES & NL

Fixed Income Securities Book Review:

This textbook will be designed for fixed-income securities courses taught on MSc Finance and MBA courses. There is currently no suitable text that offers a 'Hull-type' book for the fixed income student market. This book aims to fill this need. The book will contain numerous worked examples, excel spreadsheets, with a building block approach throughout. A key feature of the book will be coverage of both traditional and alternative investment strategies in the fixed-income market, for example, the book will cover the modern strategies used by fixed-income hedge funds. The text will be supported by a set of PowerPoint slides for use by the lecturer First textbook designed for students written on fixed-income securities - a growing market Contains numerous worked examples throughout Includes coverage of important topics often omitted in other books i.e. deriving the zero yield curve, deriving credit spreads, hedging and also covers interest rate and credit derivatives