Fixed Income Markets: Instruments, Applications, Mathematics - Hardcover

Choudhry, Moorad

 
9780470821367: Fixed Income Markets: Instruments, Applications, Mathematics

Synopsis

This book is a comprehensive and in-depth account of the global debt capital markets. It covers a wide range of instruments and their applications, including derivative instruments. Highlights of the book include:

  • Detailed description of the main products in use in the fixed income markets today, including analysis and valuation
  • Summary of market conventions and trading practices
  • Extensive coverage of associated derivatives including futures, swaps, options and credit derivatives
  • Writing style aimed at a worldwide target audience
  • An overview of trading and investment strategy.

The contents will be invaluable reading for anyone with an interest in debt capital markets, especially investors, traders, bond salespersons, risk managers and banking consultants.

"synopsis" may belong to another edition of this title.

About the Author

Moorad Choudhry is Head of Treasury at KBC Financial Products UK Limited in London. He previously worked as a government bond trader at ABN Amro Hoare Govett Limited and Hambros Bank Limited, and in structured finance with JPMorgan Chase Bank.
Moorad is a Visiting Professor at the Department of Economics, London Metropolitan University, and a Fellow of the Securities Institute in the City of London. He is co-editor with Professor Frank Fabozzi of The Handbook of European Fixed Income Securities.

From the Back Cover

Moorad's handbook is impressive in its combination of breadth and depth. It covers everything from basic bond maths to more advanced models, from analytical tools to practical trading and portfolio management, through descriptions of various cash and derivative markets and assets. the Book includes rich institutional detail. This single reference covers them all and does it with flavour. Both an expert and a novice can enjoy this highly readable book.- Antti IImanen, Managing Director, European Rates Trading, Citigorup Global Markets Ltd.

This fine book provides a remarkably lucid analysis of bonds and fixed income derivatives, including hybrids and CDOs, swaps and swaptions, and credit derivatives. The text is eloquent and inspired; it manages to be very well structured whilst still allowing the author's natural vivacity and enthusiasm to shine through. it deserves to be a best-seller. - Professor Carol Alexander, Chair of Risk Management and  Director of Research, ISMA Centre, University of Reading

Again a very pedagogical contribution from Moorad Choudhry, of immense interest both for students and practitioners. Exactly what you need to master the bond markets. -Philippe Priaulet, Head of Market Strategy, HSBC CCF

Moorad has compiled an up-to-date almanac on international debt capital markets that achieves a rare balance of mathematical rigor and exposition to real-world marketplace practice. Intelligibly written, it elucidates the theory and practice of fixed income instruments to practitioners in a way that is set to make it an indispensable classic. I hope my words do not fail too much in describing the exceptional quality of this book. - Dr Haris Kessaris, Director, KBC Financial Products

From the Inside Flap

This book is a comprehensive and in-depth account of the global debt capital markets. It covers a wide range of instruments and their applications, including derivative instruments. Highlights of the book include:

  • Detailed description of the main products in use in the fixed income markets today, including analysis and valuation
  • Summary of market conventions and trading practices
  • Extensive coverage of associated derivatives including futures, swaps, options and credit derivatives
  • Writing style aimed at a worldwide target audience
  • An overview of trading and investment strategy
The contents will be invaluable reading for anyone with an interest in debt capital markets, especially investors, traders, bond salespersons, risk managers and banking consultants.

"About this title" may belong to another edition of this title.