First published in 1988, this popular guide has gone into 10 sell-out printings. Now completely updated to reflect the latest changes in the debt-instrument market, this revised edition not only serves as an introduction to the entire bond business, it provides the most current information available on the different bond instruments, trends in fixed income markets generally, and trends in individual markets.
Book Description
Covers all sectors of the bond market, including techniques for valuing
bonds, active and passive bond portfolio strategies, and the role of derivative
instruments in controlling the risk of a bond portfolio, with chapter
summaries and questions. This third edition contains material on collateralized
mortgage obligations, and bond performance measurement and evaluation.
For business students. Annotation copyright Book News, Inc. Portland,
Or.
Everything an individual investor needs to know about bonds. The average income investor doesn't want--or need--to get bogged down in technical discussions of interest rates and time. So All About Bonds and Bond Mutual Funds gives them what they want--a simple yet comprehensive treatment of bonds and bond funds. Along with updated bond information, this revised edition also includes new material on: bond mutual funds; tax-free municipal bonds; international bonds and bond funds.
"At last, a lucid overview of the fixed income marketplace has been written for the individual investor. In a light-hearted manner - but based upon solid fundamentals - Ms. Wright has translated the jargon-filled world of bonds into actionable information. I highly recommend Getting Started in Bonds to anyone planning to become involved in fixed income investing." --W. Stansbury Carnes, PhD, Managing Director, Fixed Income Research, Salomon Smith Barney, New York; author, By the Numbers: A Survival Guide to Economic Indicators
Charles DiFrancesca, or "Charlie D" as he was known throughout the financial world, was perhaps the greatest trader of his time. What Warren Buffett is to stocks and George Soros to hedge funds, Charlie D was to treasury bonds. Now in this book eagerly awaited by investment professionals from New York to Tokyo, financial reporter William Falloon chronicles the life, achievements and strategies of this elusive figure who was as renowned for his extraordinary generosity as for his financial genius.
"Foreign turmoil drives investors from Dow to treasuries... " - New York Times, August 21, 1998. With the stock market on a roller coaster ride, investors are racing out and seeking the safe haven of the bond market. Bonds and bond funds have become a popular and growing way for investors to diversify their portfolios. Bond market Rules is a valuable resource for bond buying and selling, for those who invest for bond income and for trading bond figures - those investors who want to establish a conservative income source or who want to approach hedging and speculating with bond futures. Like the original Stock Market Rules, the author assembles 50 bond axioms in a short, easy to read format, for a quick reference and a clear understanding of basic bond investing concepts - When Interest Rates Rise, Bond Prices Fall - Invest In Bonds If Your Risk Profile is Lower - Bonds Usually Avoid Event Risk. The axioms cover the basic nature and structure of bonds, how bond investing functions, the importance of interest rates, risk and risk analysis, as well as selecting bond alternatives.
For years, you have relied on the Handbook of Fixed Income Securities, by Frank J. Fabozzi, to help understand the dynamics and opportunities with the fixed income market. Int he expanded and revised Fifth Edition's 62 chapters, thirteen completely new chapters provide expanded coverage on topics including: The explosion of international bond trading; Increased securitization of real estate loans and other types of loans and receivables; State-of-the-art techniques for managing international bond portfolios; Latest strategies for managing corporate bond portfolios.
Book Description
An exposition to the world of relative-value trading in the fixed-income
markets written by a leading-edge thinker and scientific analyst of global
financial markets. Using concrete examples, he details profit opportunities--treasury
bills, bonds, notes, interest-rate futures and options--explaining how
to obtain virtually risk-free rewards if the proper knowledge and skills
are applied. Discusses the critical success factors of relative-value
trading and highlights the important role of technology, capital requirements
and considerations in order to set up a fixed-income arbitrage system
Includes an examination of traditional asset allocation methods, why they do and do not work, and which elements can be used in overseeing the professional's own portfolio. In addition, the author introduces his own proven method of portfolio management and asset allocation strategies--the ``7-Step System''--using simple statistical techniques to forecast stock, bond, commodity, and money market returns. Free of complex mathematics, charts, graphs, and technical jargon, this is a highly readable guide to getting the most from today's sophisticated investment techniques.
Don't let the conservative nature of many fixed income intruments mislead you! These are complex, potentially risky investments, and Fixed Income Mathematics is required reading if you are to maximize both income and capital growth from fixed income investing. An expert, thorough analysis of this volatile market's latest developments is presented in the straight-forward, comprehensive style that has become a Fabozzi trademark.
Book Description
This comprehensive text makes accessible the most important methodological
advances in bond evaluation of the past twenty years. With uncommon precision
and a strong emphasis on the underlying economic fundamentals, de La Grandville
presents a unified framework for understanding the basic tools of bond
evaluation, including duration, convexity, immunization, and interest
rate derivatives. Each chapter is followed by a series of questions, problem
sets, and projects. Detailed answers to all of them are provided at the
end of the book. Although the treatment is thorough and rigorous, the
exposition is intuitive throughout.