Book description
The definitive guide to fixed-come securities-revised to reflect
today's dynamic financial environment
The Second Edition of the Fixed-Income Securities and
Derivatives Handbook offers a completely updated and revised
look at an important area of today's financial world. In addition to
providing an accessible description of the main elements of the debt
market, concentrating on the instruments used and their applications,
this edition takes into account the effect of the recent financial
crisis on fixed income securities and derivatives.
As timely as it is timeless, the Second Edition of the
Fixed-Income Securities and Derivatives Handbook includes a
wealth of new material on such topics as covered and convertible
bonds, swaps, synthetic securitization, and bond portfolio management,
as well as discussions regarding new regulatory twists and the
evolving derivatives market.
- Offers a more detailed look at the basic principles of
securitization and an updated chapter on collateralized debt obligations
- Covers bond mathematics, pricing and yield analytics, and term
structure models
- Includes a new chapter on credit analysis and the different
metrics used to measure bond-relative value
- Contains illustrative case studies and real-world examples of
the topics touched upon throughout the book
Written in a straightforward and accessible style, Moorad Choudhry's
new book offers the ideal mix of practical tips and academic theory
within this important field.
MOORAD CHOUDHRY is Head of Treasury at Europe Arab
Bank, a subsidiary of Arab Bank. He was previously at KBC Financial
Products in London, the derivatives and convertible bond trading arm
of KBC Bank N. V. Brussels. Prior to that, he was a vice president in
structured finance services sales and marketing at JPMorgan Chase
Bank, a sterling proprietary trader in the treasury division at
Hambros Bank Ltd, and a gilt-edged market maker and money markets
trader at ABN AMRO Hoare Govett Ltd.
