An Introduction to Bond Markets
The bond markets are a vital part of the world economy. An Introduction to Bond Markets offers a detailed yet accessible look at bond instruments. Related topics such as the money markets and principles of risk management are also introduced as a necessary background for students and practitioners. The book is essential reading for all those who require an introduction to the financial markets. It is aimed specifically at newcomers to the market or those unfamiliar with modern fixed income products.
Topics covered include:
- Bond pricing and yield
- Duration and convexity
- Eurobonds and convertible bonds
- Structured finance securities
- Interest-rate derivatives
- Credit derivatives
- Relative value trading