Fixed Income Securities: Tools for Today's Markets (Wiley Finance) - Tapa dura

."..highly readable..most accessible guide written on the subject...a must read for all fixed income professionals, institutional investors, money managers, financial analysts, traders, and other financial professionals..."(Zentralblatt Math, Vol.981 No.06, 2002) ..".highly readable..most accessible guide written on the subject...a must read for all fixed income professionals, institutional investors, money managers, financial analysts, traders, and other financial professionals..." (Zentralblatt Math, Vol.981 No.06, 2002)

Because they respond to interest rates differently than traditional securities, fixed income securities offer the compelling prospect of increased rewards - and the penalty of added risk. Aimed at money managers and institutional investors, this practical resource shows how to understand and master the fixed income securities market and its new instruments. Using charts and tables that simplify complex subject matter, the guide identifies and describes the USA's array of new fixed income securities - from Treasury strips and caps to floors and swaptions - and shares market-proven approaches to fixed income application and risk control. It takes readers through the basic principles and procedures used in valuing today's fixed income choices and covers the latest fixed income derivatives.