The investor's guidebook to fixed income investments: bond markets ; a handbook for issuers and investors

Abstract

A concise yet comprehensive guidebook to understanding fixed income investments. This authoritative guide provides all the information that both the professional and individual investor will need to succeed in today's fixed income market, including: - The various types of fixed income vehicles, including floating rate notes, zero coupon bonds, and bonds with embedded options - Calendar conventions and yield conversions - Advanced yield measures that incorporate reinvesting, taxes, and inflation - Creating the spot curve and using it to value bonds - Fixed income analytics, including duration, convexity, and option-adjusted spread - Pricing credit risk and determining true credit spreads - Passive portfolio management techniques, including dedicated and immunized portfolios - Active portfolio management techniques, including interest rate strategies, volatility strategies, and yield curve plays.