Free Book Online
Book Fixed Income Securities: Tools for Today's Markets (Wiley Finance)


Fixed Income Securities: Tools for Today's Markets (Wiley Finance)

4.3 (1589)

Log in to rate this item

    Available in PDF - DJVU Format | Fixed Income Securities: Tools for Today's Markets (Wiley Finance).pdf | Language: ENGLISH
    Bruce Tuckman(Author) Angel Serrat(Author)

    Book details

Fixed income practitioners need to understand the conceptual frameworks of their field; to master its quantitative tool–kit; and to be well–versed in its cash–flow and pricing conventions.Fixed Income Securities, Third Edition by Bruce Tuckman and Angel Serrat is designed to balance these three objectives. The book presents theory without unnecessary abstraction; quantitative techniques with a minimum of mathematics; and conventions at a useful level of detail.

The book begins with an overview of global fixed income markets and continues with the fundamentals, namely, arbitrage pricing, interest rates, risk metrics, and term structure models to price contingent claims. Subsequent chapters cover individual markets and securities: repo, rate and bond forwards and futures, interest rate and basis swaps, credit markets, fixed income options, and mortgage–backed–securities.

Fixed Income Securities, Third Edition is full of examples, applications, and case studies. Practically every quantitative concept is illustrated through real market data. This practice–oriented approach makes the book particularly useful for the working professional.

This third edition is a considerable revision and expansion of the second. Most examples have been updated. The chapters on fixed income options and mortgage–backed securities have been considerably expanded to include a broader range of securities and valuation methodologies. Also, three new chapters have been added: the global overview of fixed income markets; a chapter on corporate bonds and credit default swaps; and a chapter on discounting with bases, which is the foundation for the relatively recent practice of discounting swap cash flows with curves based on money market rates.


This university edition includes problems which students can use to test and enhance their understanding of the text.

4.5 (5051)
  • Pdf

*An electronic version of a printed book that can be read on a computer or handheld device designed specifically for this purpose.

Formats for this Ebook

Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch.
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes

Book details

Read online or download a free book: Fixed Income Securities: Tools for Today's Markets (Wiley Finance)


Review Text

The message text*: