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 textbooksFocuses on financial markets, not mathematicsCovers relative value investing, returns analysis, and risk estimation INDICE: Approaches to Trading and Hedging Relative Value Trading Using Government Bonds Dynamics of Asset Prices Interest Rate Models I Interest Rate Models II Latest Developments in IR Models Fitting the Term Structure Term Structure Implementation Multi-Currency Yield Curves I-L bonds Long Bond Yield Default Risk of Corporate Bonds Relative Value Measurement: Asset Swap Spreads Cash Versus Synthetic Credit Trading and Portfolio Management Impact of Collateralised Derivatives Funding and Management on Bond Portfolio Hedging and Returns Analysis
- ISBN: 978-0-08-099938-8
- Editorial: Butterworth-Heinemann
- Encuadernacion: Cartoné
- Páginas: 250
- Fecha Publicación: 01/03/2015
- Nº Volúmenes: 1
- Idioma: Inglés