Book description
A fully revised guide to fixed income securities that reflects
current market conditions
The Second Edition of Bond Evaluation, Selection, and
Management combines fundamental and advanced topics in the field,
offering comprehensive coverage of bond and debt management.
This fully updated and revised edition provides you with the basics
needed to understand various strategies, and explanations of cutting
edge advanced topics. Focusing on essential concepts, models, and
numerical examples, this book will help you quickly become familiar
with the tools needed to effectively select, evaluate, and manage bonds.
- Covers both the fundamental and advanced topics in the field,
including debt securities, bonds with embedded options,
asset-backed securities, and bond derivatives
- Reinforces important concepts through review questions, web
exercises, and practice problems in each chapter
- Reviews the history of the credit markets from the 1980s to the
present with a retrospective look at the 2008 financial crisis
- Contains "Interview Boxes" consisting of questions and
answers with distinguished fixed-income portfolio managers,
traders, analysts, and academicians
Filled with in-depth insights and practical advice, this reliable
resource offers a solid foundation in understanding the complexities
of evaluating and selecting bonds and other fixed income securities.
R. STAFFORD JOHNSON is Professor of Finance at the
Williams College of Business, Xavier University. He is the author of
Options and Futures and has written many articles for
journals such as Applied Economics, Journal of Financial
Education, International Review of Economics &
Business, Journal of Economics, the Financial
Review, and the Review of Quantitative Finance and
Accounting.
