Description
Book SynopsisTable of ContentsPreface xv
Acknowledgements xvii
About the CFA Institute Investment Series xix
PART I: Fixed Income Essentials
CHAPTER 1: Fixed Income Securities: Defining Elements 3
CHAPTER 2: Fixed Income Markets: Issuance, Trading, and Funding 45
CHAPTER 3: Introduction to Fixed-Income Valuation 91
CHAPTER 4: Introduction to Asset-Backed Securities 149
CHAPTER 5: Understanding Fixed-Income Risk and Return 201
CHAPTER 6: Fundamentals of Credit Analysis 257
PART II: Fixed Income Term Structure, Advanced Valuation, and Credit Analysis
CHAPTER 7: The Term Structure and Interest Rate Dynamics 325
CHAPTER 8: The Arbitrage-Free Valuation Framework 377
CHAPTER 9: Valuation and Analysis of Bonds with Embedded Options 419
CHAPTER 10: Credit Analysis Models 487
CHAPTER 11: Credit Default Swaps 545
PART III: Fixed Income Portfolio Management
CHAPTER 12: Overview of Fixed-Income Portfolio Management 575
CHAPTER 13: Liability-Driven and Index-Based Strategies 617
CHAPTER 14: Yield Curve Strategies 693
CHAPTER 15: Fixed-Income Active Management: Credit Strategies 743
Glossary 823
About the Editors 841
About the CFA Program 843
Index 845
