The world’s #1 fixed income book, now with 21 all-new chapters
The Handbook of Fixed Income Securities occupies the top spot as the most authoritative,
widely read reference in the global fixed income marketplace. First published in 1983,
this comprehensive survey of current knowledge features contributions from leading
academics and practitioners and has carved out a niche that cannot and will not be equaled
by any other single sourcebook.
Now, the thoroughly revised and updated seventh edition gives finance professionals the
facts and formulas they need to compete in today’s transformed marketplace. It places
increased emphasis on applications, electronic trading, and global portfolio management,
and features new chapters on topics including:
Eurobonds
Emerging market debt
Credit risk modeling
Synthetics
CDOs
Transition management
And many more
The world's most trusted fixed income resource for more than two decades, now
substantially revised and updated
The Handbook of Fixed Income Securities is the investing industry's most authoritative,
widely followed fixed income reference. Institutional and individual investors have
learned to rely on the handbook for its scope and detail, along with the unquestioned
global authority and expertise of its contributors.
This thoroughly revised seventh edition features updated facts and formulas for analyzing,
valuing, and managing fixed income instruments and their derivatives in today's evolving
marketplace, including:
Types, features, and uses of fixed income securities
Risks and risk control strategies
Basics of fixed income analytics, from bond pricing to price volatility measures
Binomial and Monte Carlo valuation methodologies
Active and structured portfolio management strategies
Interest rate and credit derivatives and their portfolio management applications
Increased coverage of electronic trading, international portfolio management,
mortgage-backed and asset-backed securities, collateralized debt obligations, and
innovative fixed income applications
The Handbook of Fixed Income Securities, Seventh Edition, is the most all-inclusive,
up-to-date source available for fixed income facts and analyses. Its valuable perspective
and insights will help you enhance investment returns and avoid poor performance in the
fixed income market.
Since 1983, through six previous editions, The Handbook of Fixed Income Securities has
been the essential reference for institutional investors, portfolio managers, financial
analysts, and virtually anyone requiring access to the latest, most authoritative
information on the global fixed income marketplace. But an unprecedented number of new
products and approaches has brought dramatic new opportunities and risks to that
marketplace.
In the substantially revised seventh edition of this investment classic, leading fixed
income authority Frank Fabozzi with the assistance of Steven Mann once again teams with
the world's top fixed income experts to provide you with insights and details on
contemporary fixed income vehicles and strategies. New and updated topics include:
• Bond primary and secondary markets
• Calculating investment returns
• Forward rates
• Eurobonds
• Emerging market debt
• Stable value investments
• Mortgages and mortgage-backed securities
• Agency mortgage pass-through securities
• Collateralized mortgage obligations
• Residential asset-backed securities
• Securities backed by credit card receivables
• Cash-collateralized debt obligations
• Synthetic CDOs
• Credit risk modeling
• Rating agency approach to structured finance
• Yield-curve analysis
• The market yield curve and fitting the term structure of interest rates
• Hedging interest-rate risk with term-structure factor models
• Quantitative management of benchmarked portfolios
• Financing positions in the bond market
• Transition management
• Credit derivatives
The Handbook of Fixed Income Securities, Seventh Edition, equips you with a comprehensive
overview of all fixed income securities and strategies and continues to be the investment
industry's most accessible and all-inclusive resource. Invaluable for its theoretical
insights, unsurpassed in its hands-on guidance, and unequalled in the expertise and
authority of its contributors, this concise, complete explanation of fixed income
securities and applications delivers the data and knowledge investment professionals need
and remains the one fixed income answer book to have within reach at all times.
Editor
Frank J. Fabozzi, Ph.D., C.F.A., is editor of the Journal of Portfolio Management, the
Frederick Frank Adjunct Professor of Finance at Yale University's School of Management,
and one of the world's foremost authorities on fixed income securities and derivative
instruments. Fabozzi is the author and editor of dozens of widely acclaimed books on fixed
income securities and investments, including Fixed Income Mathematics, The Handbook of
Financial Instruments, Handbook of Mortgage-Backed Securities, and numerous others.
Steven V. Mann, Ph.D., is Professor of Finance at the Moore School of Business, University
of South Carolina and, for over a decade, a well-respected lecturer on fixed income
analytics to Wall Street firms. He has coauthored four books and numerous articles on
fixed income and derivative instruments.
Biographical note
Frank J. Fabozzi, Ph.D., C.F.A., is editor of the Journal of Portfolio
Management, the Frederick Frank Adjunct Professor of Finance at Yale University’s School
of Management, and one of the world’s foremost authorities on fixed income securities
and derivative instruments. Fabozzi is the author and editor of dozens of widely acclaimed
books on fixed income securities and investments, including Fixed Income Mathematics, The
Handbook of Financial Instruments, Handbook of Mortgage-Backed Securities, and numerous
others.
Hardback
1494 pages