Collateralized Mortgage Obligations: Analysis, Valuation and Portfolio Strategy - Hardcover

Davidson, Andrew S.; Ho, Thomas S. Y.; Lim, Yung C.

Hardcover

ISBN 10: 1557384991 ISBN 13: 9781557384997

Publisher: Probus Pub Co, 1994

Synopsis

Authors and leading financial innovators Andrew S. Davidson, Thomas S. Y. Ho and Yung C. Lim provide tools to analyze a wide variety of CMO structures and discuss how to build a portfolio of CMOs that matches an investor's risk/reward profile. Most importantly, they show how to understand and manage the risks of these complex instruments so that investors will be able to recognize the rewards of CMOs while controlling the risk. Other topics addressed in this groundbreaking book include: understanding CMO deal structures; sequentials, subordinate PAC, TAC component scheduled floaters; superfloaters, inverse floaters, inverse floaters-IP and kitchen-sink bonds; prepayment volatility and vector-analysis; glossary of terms.

About this edition

• Publisher: Probus Pub Co
• Publication date: 1994
• ISBN 10: 1557384991
• ISBN 13: 9781557384997
• Binding: Hardcover
• Number of pages: 328