CART

(0) items

Fixed Income Securities : Tools for Today's Markets,9780470891698
This item qualifies for
FREE SHIPPING!

FREE SHIPPING OVER $59!

Your order must be $59 or more, you must select US Postal Service Shipping as your shipping preference, and the "Group my items into as few shipments as possible" option when you place your order.

Bulk sales, PO's, Marketplace Items, eBooks, Apparel, and DVDs not included.

Fixed Income Securities : Tools for Today's Markets

by ;
Edition:
3rd
ISBN13:

9780470891698

ISBN10:
0470891696
Format:
Hardcover
Pub. Date:
11/8/2011
Publisher(s):
Wiley
List Price: $95.00

Buy New Book

Currently Available, Usually Ships in 24-48 Hours
N9780470891698
$80.75

eBook

Downloadable Offline Access
  • Apple Devices
  • Android Devices
  • Windows Devices
  • Mac Devices
Lifetime Access
$31.19

Rent Book

We're Sorry
Sold Out

Used Book

We're Sorry
Sold Out

More New and Used
from Private Sellers
Starting at $65.00
See Prices

Questions About This Book?

What version or edition is this?
This is the 3rd edition with a publication date of 11/8/2011.
What is included with this book?
  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any CDs, lab manuals, study guides, etc.

Summary

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.

Author Biography

Bruce Tuckman holds a PhD in economics from MIT and began his career as a professor of finance at New York University's Stern School of Business. Moving to the industry, he became a managing director at Salomon Brothers' Fixed Income Proprietary Trading Group; ran research groups at Credit Suisse and Lehman Brothers; and, for the Prime Services Division at Barclays Capital, was global head of research and an executive committee member. He is now the Director of Financial Markets Research at the Center for Financial Stability, a think tank in New York.

Angel Serrat holds a PhD in finance from MIT. Prior to joining the industry, he was a member of the finance faculty at The University of Chicago's Graduate School of Business. He has published in journals including The Review of Economic Studies, The Review of Financial Studies, and Econometrica. He was an executive director of strategy groups at Goldman Sachs and Credit Suisse, and later became a managing director at JPMorgan's global proprietary positioning business as a portfolio manager and head of strategy. He is currently a partner at Capula Investment Management, a fixed income asset management firm.

Table of Contents

Preface to the Third Editionp. xi
Acknowledgmentsp. xiii
An Overview of Global Fixed Income Marketsp. 1
The Relative Pricing of Securities with Fixed Cash Flowsp. 47
Prices, Discount Factors, and Arbitragep. 51
Spot, Forward, and Par Ratesp. 69
Returns, Spreads, and Yieldsp. 95
Measures of Interest Rate Risk and Hedgingp. 119
One-Factor Risk Metrics and Hedgesp. 123
Multi-Factor Risk Metrics and Hedgesp. 153
Empirical Approaches to Risk Metrics and Hedgingp. 171
Term Structure Modelsp. 201
The Science of Term Structure Modelsp. 207
The Evolution of Short Rates and the Shape of the Term Structurep. 229
The Art of Term Structure Models: Driftp. 251
The Art of Term Structure Models: Volatility and Distributionp. 275
The Gauss+ and LIBOR Market Modelsp. 287
Selected Securities and Topicsp. 325
Repurchase Agreements and Financingp. 327
Forwards and Futures: Preliminariesp. 351
Note and Bond Futuresp. 373
Short-Term Rates and Their Derivativesp. 401
Swapsp. 435
Arbitrage with Financing and Two-Curve Discountingp. 457
Fixed income Optionsp. 483
Corporate Bonds and Credit Default Swapsp. 527
Mortgages and Mortgage-Backed Securitiesp. 563
Curve Constructionp. 591
Referencesp. 607
Indexp. 609
Table of Contents provided by Ingram. All Rights Reserved.


Please wait while the item is added to your cart...