Hybrid Financial Instruments
A concise and practical guide
to financial instruments that are made up of two or more other instruments. The term
'Hybrid' has come to cover a wide range of financial products and this book seeks to
explain the more commonly used ones. They are examined from the perspective of both
corporates looking to raise finance and private investors.
This expansive new range of
risk management texts has undergone extensive re-writing to give each book in the series
an international perspective. Each explains and analyses core aspects of risk assessment
and management in a way invaluable to students and useful to practitioners. All of these
titles adopt a practical and clear approach to their subject. All are fully updated
versions of a series of books previously produced by training experts at BPP.
Contents
1. What are Hybrids?
2. Convertible Bonds and
Exchangeable Bonds
3. Convertible Bonds: Prices
and Yields
4. Why Use Convertibles?
5. The Convertible-Bond
Markets
6. Preferred Stock
7. Equity Warrants
8. Mezzanine Finance
9. Asset-Backed Securities
10. Accounting Issues
Glossary
Index
150 pages