Bonds And Bond Derivatives 2E.pdf
Read online or download a free book: Bonds And Bond Derivatives 2E
Publisher: Wiley-Blackwell; Revised edition (30 Jan. 2001)
By: Miles Livingston(Author)
Book format: pdf doc docx mobi djvu epub ibooks (*An electronic version of a printed book that can be read on a computer or handheld device designed specifically for this purpose.)
Blackwell PublishersThis introduction to bond markets and bond derivatives is ideal for academics as well as for executives in commercial businesses and financialinstitutions.While many topics about debt instruments involveconsiderable mathematics, this text presents the essential elements in anintuitive and relatively non-mathematical way.For practitioners, the bookcan be used as a training manual and reference source for firms involved inthe debt markets. In the last 30 years, bond markets have increasedsignificantly in size and complexity.The two major causes are theenormous growth of the level of debt and the high variability of interestrates.Because of interest rate variability, there has been a greatincrease in potential losses to borrowers and lenders from poor debtchoices. --This text refers to an out of print or unavailable edition of this title.
|The message text:|