Image of BOND MARKETS, ANALYSIS AND STRATEGIES

Text

BOND MARKETS, ANALYSIS AND STRATEGIES

The first edition of Bond Markets, Analysis, and Strategies was published in 1989. The objec tive was to provide coverage of the products, analytical techniques for valuing bonds and quantifying their exposure to changes in interest rates, and portfolio strategies for achieving a client's objectives. In the three editions subsequently published and in the current edition. the coverage of each of these areas has been updated. In the product area, the updating has been primarily for the latest developments in mortgage-backed securities and asset-backed securities. The updating of analytical techniques has been in the valuation of bonds with embedded options and measures for assessing the interest rate risk of complex instruments. Strategies for accomplishing investment objectives, particularly employing derivative instru- ments, have been updated in each edition.

Each edition has benefited from the feedback of readers and instructors using the book at universities and training programs. Many discussions with portfolio managers and analysts, as well as my experiences serving on the board of directors of several funds and consulting assignments, have been invaluable in improving the content of the book. Moreover, my fixed income course at Yale's School of Management and various presenta- tions to institutional investor groups throughout the world provided me with the testing ground for new material.

The changes made to the fourth edition are as follows. Major revisions were made to the following chapters: Treasury and Agency Securities Markets (Chapter 6) and Non-U.S. Bonds (Chapter 9). There is expanded coverage of the (1) factors considered by rating agen- cies in rating corporate bonds (Chapter 7), asset classes securitized (Chapter 14), tracking error and active portfolio strategies (Chapter 19), and valuation of interest rate swaps and caps/floors (Chapter 25). In the fifth edition three chapters were added:

Chapter 13: Commercial Mortgage-Backed Securities

Chapter 15: Collateralized Debt Obligations

Chapter 26: Credit Derivatives

Availability
10000994332.63 FAB b 5thRLC MM (Rak Buku Umum)Available
Detail Information
Series Title
-
Statement of Responsibility
Call Number
332.63 FAB b 5th
Publisher
New Jersey : Pearson.,
Collation
xiv, 669 p. : ill ; 23cm.
Language
English
ISBN/ISSN
0-13-127142-3
Classification
332.63
Content Type
-
Edition
5th. ed.
Subject(s)
Buku Umum
Analysis
Management Strategy
Specific Detail Info
-
Other version/related

No other version available

File Attachment
No Data
Comments
You must be logged in to post a comment