Fixed Income Markets and Their Derivatives
- 3rd Edition - February 26, 2009
- Latest edition
- Author: Suresh Sundaresan
- Language: English
The third edition of this well-respected textbook continues the tradition of providing clear and concise explanations for fixed income securities, pricing, and markets. Fixed In… Read more
- New material on Credit Default Swaps, Collateralized Debt Obligations, and an intergrated discussion of the Credit Crisis have been added
- Online Resources for instructors on password protected website provides worked out examples for each chapter
- A detailed description of all key financial terms is provided in a glossary at the back of the book
2. Price-Yield Conventions
3. Federal Reserve (Central Bank) & Fixed Income Markets
4. Organization and Transparency of Fixed Income Markets
5. Financing Debt Securities Repurchase (Repo) Agreements
6. Actions of Treasury Debt Securities
7. Bond Mathematics-DV01, Duration and Convexity
8. Yield Curve and the Term Structure
9. Models of Yield Curve and the Term Structure
10. Modeling Credit Risk and Corporate Debt Securities
11. Mortgages, Federal Agencies & Agency Debt
12. Mortgage-Backed Securities (MBS)
13. Inflation-Linked Debt Treasury Inflation Protected Securities (TIPS)
14. Derivatives on Overnight Interest Rates
15. Eurodollar Futures Contracts
16. Interest-Rate Swaps
17. Treasury Futures Contracts
18. Credit Default Swaps Single Name, Portfolio and Indexes
19. Structured Credit Products Collateralized Debt Obligations
"A comprehensive blend of theoretical and practical material covering this dynamic market, Suresh Sundaresan's Fixed Income Markets and Their Derivatives provides a detailed view of the debt markets, enhanced in the third edition by extensive exploration of derivatives applications and strategies. Tightly organized chapters create a solid foundation with concepts, definitions and models, and build to complex, but well illustrated, practical examples. More than a textbook, this volume is a valuable addition to the reference bookshelf."—Paul Calello, CEO, Investment Bank, Credit Suisse
“Sundaresan’s Fixed Income Markets and Their Derivatives, already the most comprehensive textbook on the subject, is thoroughly revised and updated in this new edition. Readers will especially appreciate Sundaresan’s coverage of the financial crisis that began in 2007, and his clear explanations of a wide range of fixed-income financial products.” —Darrell Duffie, Dean Witter Distinguished Professor of Finance, Stanford University, CA
"This new edition of an expansive and erudite text on fixed income markets by one of the most highly respected scholars in the field should be a welcome event for practitioners and academics alike."—Andrew W. Lo, Harris & Harris Group Professor, MIT Sloan School of Management, MA
“This book provides an excellent introduction to the fixed income markets. Its well-organized chapters cover both the practical aspects of fixed income securities, contracts, derivatives, and markets as well as the fundamental economic principles needed to navigate the fixed income world. This is definitely a must-have book for anyone interested in learning about these fast-paced markets.” —Francis A. Longstaff, Allstate Professor of Insurance and Finance UCLA/Anderson School, CA
“This is an outstanding book. What makes it stand out is the truly excellent balance that Professor Sundaresan has managed to achieve between theory and institutional material and between breadth and depth. The book’s range is also unusually good with excellent coverage on credit risky bonds, credit derivatives and mortgages. It is an ideal book for MBA courses on fixed income.” —Stephen Schaefer, Professor of Finance, London Business School, UK
- Edition: 3
- Latest edition
- Published: February 26, 2009
- Language: English
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