LEADER 04107nam 22006013u 450 001 9910583473903321 005 20240410061833.0 010 $a0-08-099941-7 035 $a(CKB)3710000000468351 035 $a(EBL)2197267 035 $a(CaSebORM)9780080999418 035 $a(PPN)198678533 035 $a(OCoLC)922640858 035 $a(OCoLC)ocn922640858 035 $a(FR-PaCSA)88829688 035 $a(MiAaPQ)EBC2197267 035 $a(EXLCZ)993710000000468351 100 $a20150907d2015|||| u|| | 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aAdvanced Fixed Income Analysis 205 $a2nd ed. 210 $aBurlington $cElsevier Science$d2015 215 $a1 online resource (268 p.) 300 $aDescription based upon print version of record. 311 $a0-08-099938-7 320 $aIncludes bibliographical references and index. 327 $aFront Cover; Advanced Fixed Income Analysis; Copyright; Chapter 1: Asset-Swap Spreads and Relative Value Analysis; Bibliography; Chapter 2: The Dynamics of Asset Prices; 2.2.2. Stochastic Calculus; 2.3.3. Uncertainty of Interest Rates; Selected Bibliography and References; Chapter 3: Interest-Rate Models I; Selected Bibliography and References; Chapter 4: Interest-Rate Models II; 4.2.1. The Single-Factor HJM Model; 4.3. Multi-Factor Term Structure Models; Selected Bibliography and References; References on Estimation Methods; Chapter 5: Fitting the Term Structure 327 $aSelected Bibliography and ReferencesChapter 6: Advanced Analytics for Index-Linked Bonds; 6.4.3.4. Indexation Lag; Bibliography; Chapter 7: Analysing the Long-Bond Yield; References; Chapter 8: The Default Risk of Corporate Bonds; 8.1. Corporate Bond Default Spread Risk; 8.1.1. Spread Risk; 8.1.1.1. Benchmark Spread; References; Chapter 9: Convertible Securities: Analysis and Valuation; 9.3.3. Special Market Model Features; 9.3.3.1. Justifying the Conversion Premium at Issue; Selected Bibliography and References; Chapter 10: Floating-Rate Notes; 10.4. Other Features of Floating-Rate Notes 327 $a10.4.1. DurationBibliography; Chapter 11: Bonds with Embedded Options; 11.1.2. Effective Duration and Convexity; 11.2.3. Valuing Callable Bonds; Bibliography 330 $aEach new chapter of the Second Edition covers an aspect of the fixed income market that has become relevant to investors but is not covered at an advanced level in existing textbooks. This is material that is pertinent to the investment decisions but is not freely available to those not originating the products. Professor Choudhry?s method is to place ideas into contexts in order to keep them from becoming too theoretical. While the level of mathematical sophistication is both high and specialized, he includes a brief introduction to the key mathematical concepts.  This is a book on the financial markets, not mathematics, and he provides few derivations and fewer proofs. He draws on both his personal experience as well as his own research to bring together subjects of practical importance to bond market investors and analysts. Presents practitioner-level theories and applications, never available in textbooks Focuses on financial markets, not mathematics Covers relative value investing, returns analysis, and risk estimation 606 $aBond market 606 $aBonds -- Prices -- Econometric models 606 $aBonds -- Valuation -- Econometric models 606 $aInterest rates -- Mathematical models 615 4$aBond market. 615 4$aBonds -- Prices -- Econometric models. 615 4$aBonds -- Valuation -- Econometric models. 615 4$aInterest rates -- Mathematical models. 676 $a332.63234 676 $a332.63234 700 $aChoudhry$b Moorad$0151558 701 $aLizzio$b Michele$0865896 801 0$bAU-PeEL 801 1$bAU-PeEL 801 2$bAU-PeEL 906 $aBOOK 912 $a9910583473903321 996 $aAdvanced Fixed Income Analysis$91932384 997 $aUNINA