Fixed Income Securities and Derivatives Handbook: Analysis and Valuation

An array of techniques and applications are used in the analysis and valuation of the principal debt market instruments. The basic analytical techniques are applicable in all bond markets, but as the instruments being valued become more complex, additional techniques are required. In order to succeed, today's financial practitioners need to be fully up to speed on how these derivative products and their underlying securities are structured and valued.
 
In Fixed-Income Securities and Derivatives Handbook, respected practitioner Moorad Choudhry provides a concise and accessible overview of the main elements of the markets, the techniques used, and their applications. Covering a wide range of market instruments, the book examines both simple and complex products and the mathematics behind them.

Analyzing both cash and derivative products, Choudhry provides insight into market conventions with case studies demonstrating how the markets really work. The book features an introduction to yield-curve models, curve-fitting techniques, a look at option-adjusted spread, index-linked bond analytics, and a range of other applications of value in the fixed-income markets. Choudhry’s unique focus on the international nature of these instruments makes the techniques and applications appropriate to every debt capital market.

Whether new to the field or simply in need of a refresher on recent developments, the practitioner will find Fixed-Income Securities and Derivatives Handbook a resource to have close by.

Moorad Choudhry runs the Treasury desk at KBC Financial Products, the London-based derivatives subsidiary of KBC Bank N.V., a major European financial-services company. Formerly a vice president with JPMorgan Chase's Structured Finance Services group, he has also worked as a gilt-edged market-maker and Treasury trader at ABN Amro Hoare Govett Sterling Bonds Limited and as a sterling proprietary trader at Hambros Bank. He is a fellow of the Securities & Investment Institute and a visiting professor at the Department of Economics, London Metropolitan University. Choudhry is a sought-after conference participant, and his published work includes journal articles and books, including The Handbook of European Fixed Income Securities, written with Frank J. Fabozzi.