Fixed Income Analytics : Bonds in High and Low Interest Rate Environments

Resource Information

The work Fixed Income Analytics : Bonds in High and Low Interest Rate Environments represents a distinct intellectual or artistic creation found in European University Institute. This resource is a combination of several types including: Work, Language Material, Books.

Label

Fixed Income Analytics : Bonds in High and Low Interest Rate Environments

Title remainder

Bonds in High and Low Interest Rate Environments

Statement of responsibility

by Wolfgang Marty

Creator

• Marty, Wolfgang

Subject

• Business enterprises -- Finance
• Capital market
• Economics, Mathematical
• Finance
• Risk management
• Banks and banking

Language

eng

Summary

This book analyses and discusses bonds and bond portfolios. Different yields and duration measures are investigated. The transition from a single bond to a bond portfolio leads to the equation for the internal rate of return. Its solution is analyzed and compared to different approaches proposed in the financial industry. The impact of different yield scenarios on a model bond portfolio is illustrated. Market and credit risk are introduced as independent sources of risk. Different concepts for assessing credit markets are described. Lastly, an overview of the benchmark industry is offered and an introduction to convertible bonds is given. This book is a valuable resource not only for students and researchers but also for professionals in the financial industry. .--

Assigning source

Provided by publisher

Image bit depth

0

Literary form

non fiction

Nature of contents

dictionaries

Series statement

Springer eBooks.