Fixed Income Securities (Hardcover)

Bruce Tuckman

ISBN 10: 1119835550 / ISBN 13: 9781119835554

Published by John Wiley & Sons Inc, New York, 2022

About this Item

Hardcover. Build or brush up on the foundation you need to be a sophisticated fixed income professional with this proven book Fixed Income Securities: Tools for Todays Markets has been a valued resource for practitioners and students for over 25 years. Clearly written, and drawing on a myriad of real market examples, it presents an overview of fixed income markets; explains the conceptual frameworks and quantitative tool kits used in the industry for pricing and hedging; and examines a wide range of fixed income instruments and markets, including: government bonds; interest rate swaps; repurchase agreements; interest rate futures; note and bond futures; bond options and swaptions; corporate bonds; credit default swaps; and mortgages and mortgage-backed securities. Appearing a decade after its predecessor, this long-awaited Fourth Edition is comprehensively revised with: An up-to-date overview, including monetary policy with abundant reserves and the increasing electronification of market All new examples, applications, and case studies, including lessons from market upheavals through the pandemic New material on fixed income asset managementThe global transition from LIBOR to SOFR and other rates Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

Seller Inventory # 9781119835554

Bibliographic Details

• Title: Fixed Income Securities (Hardcover)
• Publisher: John Wiley & Sons Inc, New York
• Publication Date: 2022
• Language: English
• ISBN 10: 1119835550
• ISBN 13: 9781119835554
• Binding: Hardcover
• Edition: 4th Edition
• Condition: new

About this title

Synopsis

Build or brush up on the foundation you need to be a sophisticated fixed income professional with this proven book 

Fixed Income Securities: Tools for Today’s Markets has been a valued resource for practitioners and students for over 25 years. Clearly written, and drawing on a myriad of real market examples, it presents an overview of fixed income markets; explains the conceptual frameworks and quantitative tool kits used in the industry for pricing and hedging; and examines a wide range of fixed income instruments and markets, including: government bonds; interest rate swaps; repurchase agreements; interest rate futures; note and bond futures; bond options and swaptions; corporate bonds; credit default swaps; and mortgages and mortgage-backed securities. 

Appearing a decade after its predecessor, this long-awaited Fourth Edition is comprehensively revised with: 

• An up-to-date overview, including monetary policy with abundant reserves and the increasing electronification of market 
• All new examples, applications, and case studies, including lessons from market upheavals through the pandemic 
• New material on fixed income asset management
• The global transition from LIBOR to SOFR and other rates

About the Author

BRUCE TUCKMAN is a Clinical Professor of Finance at New York University’s Stern School of Business, where he teaches fixed income and derivatives to undergraduates and MBAs. He ran research groups as a Managing Director at major investment banks for 15 years and recently served as Chief Economist of the Commodity Futures Trading Commission. He received his PhD in Economics from MIT.

ANGEL SERRAT is Head of Quantitative Investments at the fixed income department of Abu Dhabi Investment Authority (ADIA). He started an academic career at the University of Chicago and moved to industry in 1999. He held strategy and trading positions at Goldman Sachs, JP Morgan, and Capula Investment Management, where he was a partner and Chief Strategist. He holds a PhD from MIT.