Johnson Debt Markets and Analysis

1. Auflage 2013
ISBN: 978-1-118-22166-2
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 720 Seiten, E-Book

Reihe: Bloomberg Professional

An accessible guide to the essential elements of debt marketsand their analysis
Debt Markets and Analysis provides professionals andfinance students alike with an exposition on debt that will takethem from the basic concepts, strategies, and fundamentals to amore detailed understanding of advanced approaches and models.
* Strong visual attributes include consistent elements thatfunction as additional learning aids, such as: Key Points,Definitions, Step-by-Step, Do It Yourself, and Bloombergfunctionality
* Offers a solid foundation in understanding the complexities andsubtleties involved in the evaluation, selection, and management ofdebt
* Provides insights on taking the ideas covered and applying themto real-world investment decisions
Engaging and informative, Debt Markets andAnalysis provides practical guidance to excelling at thisdifficult endeavor.

Autoren/Hrsg.

Johnson, R. Stafford

Inhaltsverzeichnis

Preface ix
Acknowledgments xiii
PART i: BOND EVALUATION AND SELECTION
CHAPTER 1 Overview of the Financial System 3
Chapter 2 Overview and Guide to the Bloomberg System 29
Chapter 3 Bond Value and Return 85
CHAPTER 4 The Level and Structure of Interest Rates 135
CHAPTER 5 Bond Risk 179
CHAPTER 6 Bond Investment Strategies 225
PART ii: DEBT MARKETS AND SECURITIES
CHAPTER 7 Corporate Debt Securities 267
CHAPTER 8 Government Securities and Markets: Treasury, Agencies,Municipals, and Sovereign Debt Securities 319
CHAPTER 9 Intermediary Debt Securities, Investment Funds, andMarkets 369
CHAPTER 10 Mortgage-Backed and Asset-Backed Securities andSecuritization 413
PART iii: DEBT DERIVATIVES
CHAPTER 11 Bond and Interest Rate Futures Contracts 479
CHAPTER 12 Bond and Interest Rate Option Contracts 517
CHAPTER 13 The Valuation of Bonds with Embedded Options and DebtOptions--The Binomial Interest Rate Tree 565
CHAPTER 14 Interest Rate and Credit Default Swaps 613
SUPPLEMENTAL APPENDICES
Appendix A: Primer on Return, Present Value, and Future Value667
Appendix B: Uses of Exponents and Logarithms 679
Appendix C: Directory Listing of Bloomberg Screens by Menu andFunction 685
Index 697

Über Autor(innen)

R. STAFFORD JOHNSON is Professor of Finance at the Williams College of Business, Xavier University. He is the coauthor of Options and Futures, and author of Introduction to Derivatives as well as the first two editions of Bond Evaluation, Selection, and Management. Debt Markets and Analysis is the first of three books in a series: upcoming are Derivatives, and Equity Markets and Portfolio Analysis. Johnson has written many articles appearing in journals such as Applied Economics, Journal of Financial Education, International Review of Economics and Business, Journal of Economics, the Financial Review, and the Review of Quantitative Finance and Accounting.