Bond Markets

Frank J. Fabozzi

• 01 oktober 1992
• 9780130874795

Samenvatting:

Once again, author Frank J. Fabozzi imparts his vast expertise to offer readers a detailed treatment of bond market instruments. This book includes detailed coverage of all bond markets, including mortgage-backed securities such as passthroughs, collateralized mortgage obligations, and stripped MBS. Fabozzi examines the latest analytical techniques, including total return, duration, convexity, and option-adjusted spread, and discusses active portfolio strategies. Interest risk control tools (interest rate futures, options, interest rate swaps, interest rate caps, and floors) are also explored. And, the author investigates structured portfolio strategies, including immunization, dedication, and indexing.