August 2010
Beginner to intermediate
495 pages
11h 48m
English
Content preview from Fixed-Income Securities and Derivatives Handbook, Second Edition
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PREFACE
The banking and liquidity crisis of 2007-2009, which led to global recession and the first examples of deflation in developed economies since the Second World War, had a profound effect on financial markets. Its aftermath is an opportune time to update a textbook on fixed-income securities and derivatives, as we can review the impact that the crisis had on the instruments concerned.
The primary objective behind writing the first edition of this book was to produce a practitioner-viewpoint accessible description of the main elements of the markets, concentrating on the instruments used and their applications. The book was intended to be a proper “handbook,” that is, one that was both succinct and concise, and dispensed with extraneous ...
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