Customers who bought this product also bought:

	Options, Futures and Other Derivatives (6th Edition) (Hardcover) by John C. Hull Very well written, clear, and pretty easy to understand, this text is the Bible of options and futures markets.
	Investment Analysis and Portfolio Management, Sixth Edition (Paperback) by Frank K. Reilly, Keith C. Brown In-depth analysis covering global implications of the investment decision process and a written in a fine analytical style, this text is good for those beginning a serious study of investing.
	Analysis for Financial Management + Standard & Poor's Educational Version of Market Insight (Paperback) by Robert C. Higgins A good illustration of financial concepts and the roles and challenges for a CFO in real world terms.
	Investments (Hardcover) by Zvi Bodie, Alex Kane, and Alan Marcus Covering the basics and some advanced topics in finance with the right balance of theories and applications, this is an excellent text on financial economics on graduate level.
	An Introduction to the Mathematics of Financial Derivatives (Second Edition) (Hardcover) by Salih N. Neftci Excellent coverage of financial topics and fundamentals and extremely well-written, Neftci's book is easily one of the best received references on the derivative pricing and structuring.

- NoneAuthor -

From Publisher

"The goal of this edition is… to present the conceptual framework used for the pricing and hedging of fixed income securities in an intuitive and mathematically simple manner." (From the Introduction)


Intuitive and mathematically simple. From the very first sentences of Fixed Income Securities, Second Edition, author and fixed income veteran Bruce Tuckman explains what makes his book so refreshingly straightforward. Tuckman provides an in-depth examination of the pricing and hedging of fixed income securities - a necessarily complex and calculation-heavy subject - without cutting corners or overlooking crucial concepts. Yet he explains it in terms that all investors, traders, and financial professionals can understand.

Fixed Income Securities, Second Edition presents the essential concepts and tools developed by today’s most renowned and respected practitioners and academics, from convexity and the futures-forward difference through mean reversion and risk premium to arbitrage and risk-neutral pricing. Employing a step-by-step and user-friendly strategy to explain one of the financial world’s most complex and competitive fields, Fixed Income Securities, Second Edition addresses many important topics on the pricing and hedging of fixed income securities, including:

Spot and Forward Interest Rates • Curve Fitting • Duration and Partial Durations • The Shape of the Term Structure • Short-Rate Models • Special Financing • Delivery Options • Floating Cash Flows • The Prepayment Option • And more

Fixed Income Securities, Second Edition approaches a theoretically demanding field from the working professional’s point of view. This Second Edition adds a myriad of examples, applications, and case studies to illustrate the practical uses of difficult concepts. From swaps and options to butterfly spreads, spreads of spreads, and basis trades, this hands-on guide goes straight to the heart of fixed income knowledge and provides a template for trading and investing in the twenty-first-century marketplace.

- NoneExcerpt -