Target Market: Fixed Income Securities Courses or Bond Markets Courses
Fabozzi's, Bond Markets, prepares students to analyze the the bond market and use the tools for managing bond portfolios.
Many texts on the market are far too theoretical, Fabozzi is quite the opposite. This text covers Bonds, analytical techniques for valuing bonds and quantifying their exposure to changes in interest rates, and portfolio strategies for achieving a client’s objectives.
Covers all sectors of the bond market, including techniques for valuing bonds, active and passive bond portfolio strategies, and the role of derivative instruments in controlling the risk of a bond portfolio, with chapter summaries and questions. This third edition contains material on collateralized mortgage obligations, and bond performance measurement and evaluation. For business students. Annotation c. Book News, Inc., Portland, OR (booknews.com)