LEADER 03723nam 22005175 450 001 9910556885303321 005 20240307115454.0 010 $a9783030879228$b(electronic bk.) 010 $z9783030879211 024 7 $a10.1007/978-3-030-87922-8 035 $a(MiAaPQ)EBC6941370 035 $a(Au-PeEL)EBL6941370 035 $a(CKB)21435633400041 035 $a(DE-He213)978-3-030-87922-8 035 $a(EXLCZ)9921435633400041 100 $a20220328d2022 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFixed Income Investing $eA Classic in a Time of Increased Uncertainty /$fby Thomas Poufinas 205 $a1st ed. 2022. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2022. 215 $a1 online resource (748 pages) 311 08$aPrint version: Poufinas, Thomas Fixed Income Investing Cham : Springer International Publishing AG,c2022 9783030879211 320 $aIncludes bibliographical references and index. 327 $a1. Introduction -- 2. Bonds -- 3. Term Structure -- 4. Fixed Income Portfolio Management -- 5. Interest Rate Derivatives -- 6. Credit Derivatives -- 7. Bond Markets -- 8. Bond Funds -- 9. Risks and Risk Management -- 10. Bonds and Crises -- 11. Bonds and Debt -- 12. Bonds vs. Stocks -- 13. Hedging, Speculation and Arbitrage -- 14. Bonds and Regulation. 330 $aFixed income investments have been a topic of broad interest, in particular for institutional investors such as insurance companies and pensions schemes. They were considered safe heavens in turbulent times by almost all other institutional and individual investors and are used for strategies such as portfolio immunization and asset liability matching (ALM). The latest crisis, however, revealed some of the weaknesses of fixed income instruments. They proved to be not as safe as originally thought with both credit and interest rate risks emerging. Consequently, fixed income investments have been in the spotlight once more. This book presents all aspects pertaining to fixed income investments, starting from the basics-i.e. the types of bonds, their valuation, the interest rate term structure-then moving to fixed income portfolio management and the interest rate and credit derivatives and their relevant markets, funds, risks and risk management. Finally, the book addresses contemporary issues such as their behavior in times of crisis, their relation to debt, their coexistence with equity and the current regulatory environment. This book, providing a look at the broader environment of fixed income alongside the current market structure, will be of interest to students, academics, researchers and practitioners in fixed income and investing strategies. Thomas Poufinas is Assistant Professor in the Department of Economics of the Democritus University of Thrace. He holds a Ph.D. in Financial Mathematics from the Ohio State University and a Bachelor's Degree in Mathematics from the University of Athens. His research focuses on finance, investments, risk management and actuarial science. 606 $aFinancial services industry 606 $aRisk management 606 $aFinancial Services 606 $aIT Risk Management 615 0$aFinancial services industry. 615 0$aRisk management. 615 14$aFinancial Services. 615 24$aIT Risk Management. 676 $a332.632044 676 $a332.632044 700 $aPoufinas$b Thomas$01219302 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910556885303321 996 $aFixed Income Investing$92819523 997 $aUNINA