Product Description

This book provides an introduction to bond markets and bond derivatives for students as well as for executives in commercial businesses and financial institutions. It also:

• Presents the essential elements of debt instruments in an intuitive manner;
  
• Covers updated institutional material, new sections on callable bonds and the yield to call, convertible bonds, and methods for estimating and modern models of term structure of interest rates, as well as a comprehensive discussion of bonds in the European Economic Union;
  
• Includes additional end-of-chapter questions, PowerPoint slides, and an Instructor's text bank through the author's website: http://bear.cba.ufl.edu/livingston

Product Details

• Amazon Sales Rank: #418294 in Books
• Published on: 2008-08-11
• Original language: English
• Number of items: 1
• Binding: Paperback
• 320 pages

From the Back Cover
This book provides an introduction to bond markets and bond derivatives for students as well as for executives in commercial businesses and financial institutions. While many topics about debt instruments involve mathematics, this text presents the essential elements in an intuitive manner. Containing material that is accessible and engaging to students and practitioners alike, the book is ideally suited for debt markets courses, and provides a good fit with any finance curriculum. For practitioners, the book can be readily used as a training manual and reference source for firms involved in debt markets.

This new edition includes updated institutional material; new sections on callable bonds and the yield to call, convertible bonds, and methods for estimating and modern models of term structure of interest rates; as well as a comprehensive discussion of bonds in the European Economic Union. Additional end-of-chapter questions, PowerPoint slides, and an Instructor's test bank make this text and invaluable resource to students, scholars, and practitioners.

The author maintain supplementals material for this text on his website: http://bear.cba.ufl.edu/livingston

About the Author

Miles Livingston is Professor of Finance at the University of Florida. He holds an MBA and PhD in Finance from New York University, and has taught at the University of Wisconsin, York University, Concordia University and the College of William and Mary. Livingston is the author of Money and Capital Markets, also published by Blackwell.

Customer Reviews

Good overview for beginners
This book gives a very good review for beginners investing in the US bond market only. If you are a professional it is more a dictionnary, it doesn't analyse properly instruments. I would like to finally see an author able to understand that a bond is a bond, and a book like that should focus on this and not to give us a extensive listing of all US bonds in the market ....Second USA are not anymore the only financial market in the world : so "International" chapter should be at least as important as the rest of the exercise...