Synopses & Reviews
Part of the CFA Institute Investment Series,
Fixed Income Analysis provides authoritative and up-to-date coverage of how investment professionals analyze and manage fixed income portfolios. Valuable for self-study, general reference, and classroom use,
Fixed Income Analysis provides comprehensive, example-driven presentations of all essential topics in the field. Investment analysts, portfolio managers, individual and institutional investors and their advisers, and anyone who may have an interest in fixed income markets should find the book an essential resource.
Coverage is in six parts:
FIXED INCOME ESSENTIALSFixed-Income Securities:Defining Elements explains all types of fixed income securities and their characteristics.
Fixed-Income Markets: Issuance, Trading, and Funding covers fixed income markets worldwide emphasizing aspects most relevant to professionals.
Introduction to Fixed Income Valuation introduces fixed income valuation in a way that assumes not prior background.
ANALYSIS OF RISKUnderstanding Fixed‑Income Risk and Return covers modern techniques of analyzing interest rate risk.
Fundamentals of Credit Analysis explains modern professional practice in evaluating credit risk.
Credit Analysis Models explain quantitative methods of credit risk analysis.
ASSET-BACKED SECURITIESIntroduction to Asset-Backed Securities cover fixed income securities backed by pools of assets.
VALUATION
The Arbitrage-Free Valuation Framework explains and illustrates a general framework for valuing fixed income securities.
Valuation and Analysis: Bonds with Embedded Options covers the more complex case in which securities include options that the issuer or investor may exercise.
TERM STRUCTURE ANALYSIS
The Term Structure and Interest Rate Dynamics covers the critical topic of how the yields of bonds of different maturities are related.
FIXED INCOME PORTFOLIO MANAGEMENT
Consists of three readings that build a framework of knowledge and skills for managing fixed income portfolios.
Synopsis
The essential guide to fixed income portfolio management, from the experts at CFA Fixed Income Analysis is a new edition of Frank Fabozzi's Fixed Income Analysis, Second Edition that provides authoritative and up-to-date coverage of how investment professionals analyze and manage fixed income portfolios. With detailed information from CFA Institute, this guide contains comprehensive, example-driven presentations of all essential topics in the field to provide value for self-study, general reference, and classroom use. Readers are first introduced to the fundamental concepts of fixed income before continuing on to analysis of risk, asset-backed securities, term structure analysis, and a general framework for valuation that assumes no prior relevant background. The final section of the book consists of three readings that build the knowledge and skills needed to effectively manage fixed income portfolios, giving readers a real-world understanding of how the concepts discussed are practically applied in client-based scenarios.
Part of the CFA Institute Investment series, this book provides a thorough exploration of fixed income analysis, clearly presented by experts in the field. Readers gain critical knowledge of underlying concepts, and gain the skills they need to translate theory into practice.
- Understand fixed income securities, markets, and valuation
- Master risk analysis and general valuation of fixed income securities
- Learn how fixed income securities are backed by pools of assets
- Explore the relationships between bond yields of different maturities
Investment analysts, portfolio managers, individual and institutional investors and their advisors, and anyone with an interest in fixed income markets will appreciate this access to the best in professional quality information. For a deeper understanding of fixed income portfolio management practices, Fixed Income Analysis is a complete, essential resource.