McGraw-Hill, 2009. – 464 p. – ISBN: 0071637141, 9780071637145
A comprehensive, practical guidebook to bonds and the bond market
Speaking directly to the practitioner, this thorough guide covers everything there is to know about bonds — from basic concepts to more advanced bond topics.
The Complete Practitioner’s Guide to the Bond Market addresses the principles of the bond market and offers the tools to apply them in the real world. By tying the concepts of fixed-income products to big-picture aspects of the economy, this book prepares readers to apply specific tools and methods that will help them glean profits from the bond market.
Steven Dym is a president of a US investment management firm, Mariner Capital Partners. His articles have appeared in various publications including the Journal of Portfolio Management, Financial Analysts Journal, and Risk Magazine.
Fundamental Principles of Bond Structure, Pricing, and InvestingWhat Is a Bond?
Nonplain Vanilla Bonds
Bond Math — Without the Math
Bond Investment Management
Macroeconomics for Market ProfessionalsHow the Economy Works
The Central Bank’s Goals, Targets, and Operations
Inflation, Yield Curve, and Credit Factors in BondsInflation-Protected Bonds
The Yield Curve
Corporate Bonds
More on Corporates: Cyclicality, Collateral, and Convertibles
AnalyticaL Tools and TechniquesCarry, Rolls, Breakevens, and Recovery
Measuring and Managing Interest-Rate Risk
Convexity, Volatility, and Callability
Libor-Based Securities and DerivativesMoney Market Instruments
Floating-Rate Notes
Those Newfangled Floaters
Interest-Rate Swaps
How Institutional Investors Use Swaps
Foreign Trade and InvestmentsForeign Trade, Foreign Exchange, and Foreign Bonds
Emerging Markets
Advanced TopicsThe Role of Dealers
Repurchase Agreements
Credit Derivatives: The Final Frontier
Hedge Funds in the Fixed-Income Space