Fixed Income Securities: Valuation, Risk, and Risk Management

by Pietro Veronesi

The deep understanding of the forces that affect the valuation, risk and return of fixed income securities and their derivatives has never been so important. As the world of fixed income securities becomes more complex, anybody who studies fixed income securities must be exposed more directly to this complexity. This book provides a thorough discussion of these complex securities, the forces affecting their prices, their risks, and of the appropriate risk management practices. Fixed Income Securities , however, provides a methodology, and not a "shopping list" of all the possible interest rate securities ever been invented. It provides instead examples and methodologies that can be applied quite universally, once the basic concepts have been understood.

Genres: Finance, Economics

848 pages, Hardcover

First published January 1, 2010

Reviews

[Andrew Bertini · Rating 3 out of 5]

notationally cumbersome. the various rolling case studies (Orange County, etc) were a relevant supplement to the content