Publications

The Investor's Guidebook to Fixed Income Investments

Type
Link
Cost
Paid
Published
2013
Full Name
The Investor's Guidebook to Fixed Income Investments: Bond Markets—A Handbook for Issuers and Investors

The Investor’s Guidebook is a concise, yet comprehensive, guidebook that addresses the practical aspects of investing in fixed income investments. It presents investment vehicles and strategies from both the issuers’ and the investors’ perspectives. Starting with basic concepts and then building to state-of-the-art pricing models, strategies, and tactics, this handbook will be useful for everyone from new hires through experienced professionals. Unlike most books, which are read once and sit on the shelf, professionals will refer to these books repeatedly throughout their careers.

Table of Contents

Foreword

Preface

  1. Introduction to the Debt Market

  2. Single Cash Flow Yield Calculations

  3. Discount Instruments

  4. Multiple Cash Flows

  5. Basic Bond Yield Calculations

  6. Bootstrapping the Zero Coupon Curve

  7. Valuing Bonds Using the Zero Curve

  8. Impact of Non-parallel Yield Curve Shifts

  9. Interest Rate and Reinvestment Risks

  10. Variables That Impact Duration

  11. Modified Duration

  12. Convexity

  13. Credit Risk

  14. Pricing Credit Risk

  15. Passive Fixed Income Portfolio Management

  16. Active Portfolio Management

Appendix A: Derivation of Modified Duration

Appendix B: Duration Program for an HP-12C Financial Calculator

Publisher's Note

Index