Fixed-Income Securities : Valuation, Risk Management and Portfolio Strategies

This textbook is designed for fixed-income securities courses taught on MSc Finance and MBA courses, and contains numerous worked examples and Excel spreadsheets, with a building-block approach throughout.

A key feature of the book is coverage of both traditional and alternative investment strategies in the fixed-income market.

For example, it covers the modern strategies used by fixed-income hedge funds.

The text is supported by a set of PowerPoint slides for use by the lecturer and includes in its topics: deriving the zero yield curve, deriving credit spreads, hedging, and interest rate and credit derivatives.