Treasury Finance and Development Banking, + Website: A Guide to Credit, Debt, and Risk

3 valoración promedio
( 1 valoraciones por Goodreads )
 
9781118729120: Treasury Finance and Development Banking, + Website: A Guide to Credit, Debt, and Risk

Credit and credit risk permeates every corner of the financial world. Previously credit tended to be acknowledged only when dealing with counterparty credit risk, high-yield debt or credit-linked derivatives, now it affects all things, including such fundamental concepts as assessing the present value of a future cash flow. The purpose of this book is to analyze credit from the beginning—the point at which any borrowing entity (sovereign, corporate, etc.) decides to raise capital through its treasury operation. To describe the debt management activity, the book presents examples from the development banking world which not only presents a clearer banking structure but in addition sits at the intersection of many topical issues (multi-lateral agencies, quasi-governmental entities, Emerging Markets, shrinking pool of AAA borrowers, etc.).

This book covers:

  • Curve construction (instruments, collateralization, discounting, bootstrapping)
  • Credit and fair valuing of loans (modeling, development institutions)
  • Emerging markets and liquidity (liquidity, credit, capital control, development)
  • Bond pricing (credit, illiquid bonds, recovery pricing)
  • Treasury (funding as an asset swap structure, benchmarks for borrowing/investing)
  • Risk and asset liability management (leverage, hedging, funding risk)

"Sinopsis" puede pertenecer a otra edición de este libro.

From the Back Cover:

"This is an important and timely book that demonstrates the motivation and mathematics underlying the role of Treasury in banking. From first principles, the theory of development banking, emerging market finance, and funding is derived based on the underlying interest rate products available."
—Jamie Walton, Global Head of Rates, FX and Emerging Markets Quants, Morgan Stanley

"An outstanding description of what banking is all about. From the point of view of a treasury in a development bank, Biagio performs a deep analysis of the essential activities of banking, so useful in a moment when, after times of delusion, credit and funding are again recognized to be the heart of finance. Everyone in this field will find this book detailed, useful, and yet enjoyable."
—Massimo Morini, Head of Interest Rate and Credit Models, Banca IMI

Before the credit crisis, credit was primarily considered only when dealing with counterparty credit risk, high-yield debt, or credit-linked derivatives. Credit and credit risk now permeate every corner of the financial world.

Treasury Finance and Development Banking analyzes credit from the beginning—the point at which a borrowing entity decides to raise capital through its treasury operation.

Biagio Mazzi delves into the crucial functions that treasury funding plays in the operations of financial institutions, governments, and corporations. More importantly, he clearly demonstrates the various ways that treasury funding affects how financial activities are assessed, transactions are priced, and financial risks are managed.

As development banking offers one of the clearest and most straightforward examples of a treasury operation, while, at the same time, being situated at the crossroads of a wide range of topical issues (including multilateral agencies, quasi-governmental entities, emerging markets, and the shrinking pool of AAA borrowers), Biago Mazzi uses numerous real-world examples from the development banking world to elucidate:

  • Curve construction, covering instruments, collateralization, discounting, and bootstrapping
  • Credit and loan valuation, with an emphasis on fair value, modeling, and development institutions
  • Emerging markets and liquidity, credit, capital control, and development
  • Bond pricing (featuring coverage of credit, illiquid bonds, and recovery pricing)
  • Treasury funding—with examples of asset swaps, borrowing/investing benchmarks, and more
  • Risk and asset liability management with discussions of leverage, hedging, and funding risk

Treasury Finance and Development Banking will be a welcome addition to the working libraries of banking professionals, financial analysts, fund managers, and traders, especially those who work in the fixed income arena.

From the Inside Flap:

It used to be that credit and the cost of debt were considered only when dealing with counterparty credit risk, high-yield debt, or credit-linked derivatives. In the wake of the 2007–2009 credit crisis, that is no longer the case. Credit and credit risk are now of crucial concern throughout the banking sector and the financial markets.

But, as expert Biagio Mazzi explains, any practical knowledge of credit and debt must be rooted in a thorough understanding of where credit originates: i.e., in treasuries—or more specifically, the point at which a borrowing entity, such as a corporation, bank, or sovereign nation, decides to raise capital through its treasury or debt management operation.

Which is why it is so surprising that, until now, there were no books devoted to the impact of the treasury desk on the pricing and valuation of financial instruments. This book fills that gap in the literature, offering a formal, yet highly accessible overview of the structure and function of treasuries, along with in-depth discussions of how debt affects all subsequent downstream financial activities.

With the help of numerous real-world examples—including an abundance of graphs and market data screen shots—taken from the trading and development banking world, Dr. Mazzi explores an array of critical topics, including:

  • Curve construction and the increasing role of credit in discounting
  • Asset swaps as the key to funding
  • Basic credit modeling as a framework for understanding default
  • Fair value of loans and its implications
  • Emerging markets and their key financial characteristics
  • Bond pricing and the challenges of illiquid or distressed debt
  • Asset liability management as a manifestation of debt and credit flowing through an institution

On the Treasury Finance and Development Banking companion website, you'll find a host of powerful tools for implementing the practices covered in the book, including spreadsheets and macros, interest rate and credit modeling apps, and more.

The first practical guide to understanding how treasury funding affects the operations of financial institutions and, more importantly, how it impacts the ways in which activities are assessed, transactions priced, and financial risks managed, Treasury Management and Development Banking is an invaluable working resource for banking and other finance professionals, especially those involved in the fixed income markets.

"Sobre este título" puede pertenecer a otra edición de este libro.

Los mejores resultados en AbeBooks

1.

Biagio Mazzi
Editorial: John Wiley and Sons
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Cantidad: > 20
Librería
INDOO
(Avenel, NJ, Estados Unidos de America)
Valoración
[?]

Descripción John Wiley and Sons. Estado de conservación: New. Brand New. Nº de ref. de la librería 1118729129

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 53,70
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 2,93
A Estados Unidos de America
Destinos, gastos y plazos de envío

2.

Biagio Mazzi
Editorial: John Wiley Sons Inc, United States (2013)
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Tapa dura Primera edición Cantidad: 10
Librería
The Book Depository
(London, Reino Unido)
Valoración
[?]

Descripción John Wiley Sons Inc, United States, 2013. Hardback. Estado de conservación: New. 1. Auflage. Language: English . Brand New Book. Credit and credit risk permeates every corner of the financial world. Previously credit tended to be acknowledged only when dealing with counterparty credit risk, high-yield debt or credit-linked derivatives, now it affects all things, including such fundamental concepts as assessing the present value of a future cash flow. The purpose of this book is to analyze credit from the beginning the point at which any borrowing entity (sovereign, corporate, etc.) decides to raise capital through its treasury operation. To describe the debt management activity, the book presents examples from the development banking world which not only presents a clearer banking structure but in addition sits at the intersection of many topical issues (multi-lateral agencies, quasi-governmental entities, Emerging Markets, shrinking pool of AAA borrowers, etc.). This book covers: * Curve construction (instruments, collateralization, discounting, bootstrapping) * Credit and fair valuing of loans (modeling, development institutions) * Emerging markets and liquidity (liquidity, credit, capital control, development) * Bond pricing (credit, illiquid bonds, recovery pricing) * Treasury (funding as an asset swap structure, benchmarks for borrowing/investing) * Risk and asset liability management (leverage, hedging, funding risk). Nº de ref. de la librería AAH9781118729120

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 73,58
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

3.

Biagio Mazzi
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Cantidad: 5
Librería
GreatBookPrices
(Columbia, MD, Estados Unidos de America)
Valoración
[?]

Descripción Estado de conservación: New. Nº de ref. de la librería 19555342-n

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 72,19
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 2,21
A Estados Unidos de America
Destinos, gastos y plazos de envío

4.

Biagio Mazzi
Editorial: John Wiley Sons Inc, United States (2013)
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Tapa dura Primera edición Cantidad: 10
Librería
The Book Depository US
(London, Reino Unido)
Valoración
[?]

Descripción John Wiley Sons Inc, United States, 2013. Hardback. Estado de conservación: New. 1. Auflage. Language: English . Brand New Book. Credit and credit risk permeates every corner of the financial world. Previously credit tended to be acknowledged only when dealing with counterparty credit risk, high-yield debt or credit-linked derivatives, now it affects all things, including such fundamental concepts as assessing the present value of a future cash flow. The purpose of this book is to analyze credit from the beginning the point at which any borrowing entity (sovereign, corporate, etc.) decides to raise capital through its treasury operation. To describe the debt management activity, the book presents examples from the development banking world which not only presents a clearer banking structure but in addition sits at the intersection of many topical issues (multi-lateral agencies, quasi-governmental entities, Emerging Markets, shrinking pool of AAA borrowers, etc.). This book covers: * Curve construction (instruments, collateralization, discounting, bootstrapping) * Credit and fair valuing of loans (modeling, development institutions) * Emerging markets and liquidity (liquidity, credit, capital control, development) * Bond pricing (credit, illiquid bonds, recovery pricing) * Treasury (funding as an asset swap structure, benchmarks for borrowing/investing) * Risk and asset liability management (leverage, hedging, funding risk). Nº de ref. de la librería AAH9781118729120

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 74,47
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

5.

Mazzi, Biagio
Editorial: John Wiley and#38; Sons (2013)
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Cantidad: > 20
Librería
Books2Anywhere
(Fairford, GLOS, Reino Unido)
Valoración
[?]

Descripción John Wiley and#38; Sons, 2013. HRD. Estado de conservación: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. de la librería FW-9781118729120

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 64,91
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 10,17
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

6.

Biagio Mazzi
Editorial: John Wiley Sons Inc, United States (2013)
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Tapa dura Primera edición Cantidad: 10
Librería
Book Depository hard to find
(London, Reino Unido)
Valoración
[?]

Descripción John Wiley Sons Inc, United States, 2013. Hardback. Estado de conservación: New. 1. Auflage. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Credit and credit risk permeates every corner of the financial world. Previously credit tended to be acknowledged only when dealing with counterparty credit risk, high-yield debt or credit-linked derivatives, now it affects all things, including such fundamental concepts as assessing the present value of a future cash flow. The purpose of this book is to analyze credit from the beginning the point at which any borrowing entity (sovereign, corporate, etc.) decides to raise capital through its treasury operation. To describe the debt management activity, the book presents examples from the development banking world which not only presents a clearer banking structure but in addition sits at the intersection of many topical issues (multi-lateral agencies, quasi-governmental entities, Emerging Markets, shrinking pool of AAA borrowers, etc.). This book covers: * Curve construction (instruments, collateralization, discounting, bootstrapping) * Credit and fair valuing of loans (modeling, development institutions) * Emerging markets and liquidity (liquidity, credit, capital control, development) * Bond pricing (credit, illiquid bonds, recovery pricing) * Treasury (funding as an asset swap structure, benchmarks for borrowing/investing) * Risk and asset liability management (leverage, hedging, funding risk). Nº de ref. de la librería BZV9781118729120

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 77,25
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

7.

Biagio Mazzi
Editorial: Wiley 2013-11-19, Hoboken, New Jersey (2013)
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Tapa dura Cantidad: 10
Librería
Blackwell's
(Oxford, OX, Reino Unido)
Valoración
[?]

Descripción Wiley 2013-11-19, Hoboken, New Jersey, 2013. hardback. Estado de conservación: New. Nº de ref. de la librería 9781118729120

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 75,66
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,39
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

8.

Biagio Mazzi
Editorial: John Wiley & Sons
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Tapa dura Cantidad: > 20
Librería
THE SAINT BOOKSTORE
(Southport, Reino Unido)
Valoración
[?]

Descripción John Wiley & Sons. Hardcover. Estado de conservación: New. New copy - Usually dispatched within 2 working days. Nº de ref. de la librería B9781118729120

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 78,58
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 7,84
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

9.

Mazzi, Biagio
Editorial: Wiley (2013)
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Tapa dura Cantidad: 2
Librería
Murray Media
(North Miami Beach, FL, Estados Unidos de America)
Valoración
[?]

Descripción Wiley, 2013. Hardcover. Estado de conservación: New. Never used!. Nº de ref. de la librería P111118729129

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 94,21
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 1,66
A Estados Unidos de America
Destinos, gastos y plazos de envío

10.

Biagio Mazzi
Editorial: Wiley (2013)
ISBN 10: 1118729129 ISBN 13: 9781118729120
Nuevos Tapa dura Primera edición Cantidad: 1
Librería
Irish Booksellers
(Rumford, ME, Estados Unidos de America)
Valoración
[?]

Descripción Wiley, 2013. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería M1118729129

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 103,54
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
A Estados Unidos de America
Destinos, gastos y plazos de envío

Existen otras copia(s) de este libro

Ver todos los resultados de su búsqueda