An Introduction To The Bond Markets – Patrick Brown

Unlock Expert Knowledge: Discover the Premium An Introduction To The Bond Markets – Patrick Brown Course Exclusively at GBESY. Elevate your skills and achieve career success by learning from world-renowned instructors and industry experts through our extensive library of premium self-paced courses.

Salepage link: At HERE. Archive:

$68.99   $22 – An Introduction To The Bond Markets – Patrick Brown

DESCRIPTION

This book gives an introduction to the bond markets for practitioners and new entrants who need to understand what they are, how they work and how they can be used, but do not want to be intimidated by mathematical formulae. By the end of the book readers will be able to decide whether to invest in the bond market. The mathematical formulae will be relegated to the appendices and supplemented by a companion website which allows users to enter their own bond market investments, to simulate anticipated events and see the results.

• Patrick Brown is well-known as Chairman of the European Bond commission (recently retired)
• The only bond book that does not rely heavily on mathematical formulae

TABLE OF CONTENTS

Preface.

Introduction.

1. What is a Bond and Who Issues Them?

• 1.1 Description of a bond.
• 1.2 The difference between corporate bonds and equities.

2. Types of Bonds and Other Instruments.

• 2.1 Fixed-rate bonds.
• 2.2 Floating-rate notes.
• 2.3 Index-linked bonds.
• 2.4 Hybrid bonds.
• 2.5 Other instrument types

3. How Do You Price and Value a Bond?

• 3.1 Compound interest.
• 3.2 Discounting and yield considerations.
• 3.3 Accrued interest.
• 3.4 How bonds are quoted.
• 3.5 Bond pricing.
• 3.6 Yields and related measures.
• 3.7 Floating-rate notes.
• 3.8 Real redemption yield.
• 3.9 Money market yields and discounts.

4. Bond Options and Variants.

• 4.1 Callable bonds.
• 4.2 Putable bonds.
• 4.3 Convertible bonds.
• 4.4 Dual currency bonds.
• 4.5 Mortgage-backed securities.
• 4.6 Collateralized debt obligations.
• 4.7 Bonds with conditional coupon changes.
• 4.8 Reverse floaters.
• 4.9 Bonds with warrant attached.

5. Yield Curves.

• 5.1 Yield curve shapes.
• 5.2 Zero-coupon or spot yield curves.
• 5.3 Forward or forward-forward yield curves.
• 5.4 Par yield curves.
• 5.5 Investment strategies for possible yield curves changes.

6. Repos.

• 6.1 Classic repos.
• 6.2 Sell/buy-backs.
• 6.3 Stock borrowing/lending.

7. Option Calculations.

• 7.1 Buying a call option.
• 7.2 Writing a call option.
• 7.3 Buying a put option.
• 7.4 Writing a put option.
• 7.5 Theoretical value of an option.
• 7.6 Combining options.

8. Credit and Other Risks and Ratings.

• 8.1 Credit risk.
• 8.2 Liquidity.

9. Swaps, Futures and Derivatives.

• 9.1 Swaps.
• 9.2 Credit risk in swaps.
• 9.3 Swaptions.
• 9.4 Futures.
• 9.5 Credit default swaps.

10. Portfolios and Other Considerations.

• 10.1 Holding period returns.
• 10.2 Immunization.
• 10.3 Portfolio measures.
• 10.4 Allowing for tax.

11. Indices.

• 11.1 Bond index classification.
• 11.2 Choosing indices.
• 11.3 Index data calculations.
• 11.4 Index continuity.

Appendix A: Using the Interactive Website.

Appendix B: Mathematical Formulae.

$68.99   $22 – An Introduction To The Bond Markets – Patrick Brown

Unlock Expert Knowledge with the An Introduction To The Bond Markets – Patrick Brown Course on GBESY.

Access over 70,000 premium learning programs curated by leading experts and renowned authors at GBESY. Our An Introduction To The Bond Markets – Patrick Brown course provides actionable knowledge and real-world skills through:

• Expert Authors: Learn from renowned figures like John Overdurf, Conor Harris, Samir Kahlot, and more.
• Flexible Learning: Enjoy self-paced study for ultimate convenience.
• Comprehensive Resources: Benefit from detailed manuals and step-by-step guidance.
• Lifetime Access: Get ongoing learning with free updates.
• Secure Purchase: Your transactions are protected with 256-bit AES encryption and verified payment gateways (PayPal, Stripe).
• Instant Download: Access your An Introduction To The Bond Markets – Patrick Brown course immediately after payment from your account dashboard or via email. Learn on any device.