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Fixed Income Securities : Tools for Today's Markets

ISBN: 9780470891698 | 0470891696
Edition: 3rd
Format: Hardcover
Publisher: Wiley
Pub. Date: 11/8/2011

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Fixed-income securities traditionally promised fixed cash flows (like bonds), but there have been many newly-created fixed income securities for which the promised cash flows depend on the level of interest rates, making them hard to value. This revised book covers the most advanced thinking in the field and comprehensively shows how to value the complete universe of fixed income securities. Included are all the latest fixed income securities valuation models and techniques, and their applications in real world situations. The third edition will also include two new chapters dedicated to foreign exchange markets and corporate bonds and credit-default swaps.


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