책 이미지
eBook 미리보기
책 정보
· 제목 : Bond Markets, Analysis, and Strategies, Eleventh Edition (Hardcover)
· 분류 : 외국도서 > 경제경영 > 투자/증권 > 채권
· ISBN : 9780262052368
· 쪽수 : 964쪽
· 출판일 : 2026-05-26
· 분류 : 외국도서 > 경제경영 > 투자/증권 > 채권
· ISBN : 9780262052368
· 쪽수 : 964쪽
· 출판일 : 2026-05-26
목차
About the Authors
Preface
Part I: Foundations of Bonds and Interest Rates
Chapter 1: The Essentials of Bonds: Structures, Risks, and Market Participants
Chapter 2: Interest Rates: Theories, Structures, and Market Implications
Chapter 3: Analytical Tools for Bond Portfolio Management
Chapter 4: Fundamentals of Bond Valuation
Chapter 5: Measuring Yield and Total Return for Bonds
Part II: Bond Price Dynamics and Term Structure
Chapter 6: Bond Price Volatility: Interest-Rate Sensitivity Measures
Chapter 7: The Term Structure of Interest Rates
Part III: Debt Instruments
Chapter 8: Government and Government-Related Debt Instruments
Chapter 9: Corporate Debt Instruments
Chapter 10: The Structure and Classification of Residential Mortgage Loans
Chapter 11: Agency Mortgage Pass-Through Securities
Chapter 12: Agency MBS Derivatives: Collateralized Mortgage Obligations and Stripped MBS
Chapter 13: Nonagency Residential Mortgage-Backed Securities
Chapter 14: Commercial Mortgage Loans and Commercial Mortgage-Backed Securities
Chapter 15: Asset-Backed Securities
Part IV: Credit Analysis and Risk Modeling
Chapter 16: Corporate Bond Credit Analysis
Appendix: Using Monte Carlo Simulation to Assess Bond Credit Risk
Chapter 17: Credit Risk Modeling
Part V: Advanced Bond Valuation
Chapter 18: Analysis of Bonds with Embedded Options
Chapter 19: Analysis of Residential Mortgage-Backed Securities
Appendix: Calculating Duration
Chapter 20: Analysis and Valuation of Convertible Bonds
Part VI: Portfolio Management and Strategies
Chapter 21: Bond Portfolio Management
Appendix A: Markowitz
Appendix B: Factor Model
Chapter 22: Structured Portfolio Strategies: Indexing and Liability-Driven Investing
Appendix: Illustration of Cash Flow Matching
Chapter 23: Bond Trading Mechanics
Chapter 24: Bond Trading Strategies
Appendix: How Institutional Investors Create Leverage via the Repo Market
Chapter 25: Managing a Corporate Bond Portfolio
Part VII: Performance Measurement and Backtesting
Chapter 26: Evaluating Bond Portfolio Strategies Through Backtesting
Chapter 27: Evaluating Performance in Bond Portfolio Management
Appendix A: Holding-Based Attribution Analysis Using the Campisi Model
Appendix B: Yield-Curve Performance Attribution Analysis
Part VIII: Derivatives and Their Application in Bond Portfolio Management
Chapter 28: Interest-Rate Futures in Bond Portfolio Management
Appendix A: Interest-Rate Hedging with U.S. Treasury Futures
Appendix B: To Hedge or Not to Hedge?
Appendix C: Efficient Asset Allocation Using Futures
Chapter 29: Interest-Rate Options
Chapter 30: Interest-Rate Swaps, Forward-Rate Agreements, Caps, and Floors
Chapter 31: Credit Default Swaps
Appendix A: Efficiently Replicating Corporate Bond Returns with CDS Indices
Appendix B: Using a CDS Overlay Strategy to Manage Return-to-Risk Profile
Preface
Part I: Foundations of Bonds and Interest Rates
Chapter 1: The Essentials of Bonds: Structures, Risks, and Market Participants
Chapter 2: Interest Rates: Theories, Structures, and Market Implications
Chapter 3: Analytical Tools for Bond Portfolio Management
Chapter 4: Fundamentals of Bond Valuation
Chapter 5: Measuring Yield and Total Return for Bonds
Part II: Bond Price Dynamics and Term Structure
Chapter 6: Bond Price Volatility: Interest-Rate Sensitivity Measures
Chapter 7: The Term Structure of Interest Rates
Part III: Debt Instruments
Chapter 8: Government and Government-Related Debt Instruments
Chapter 9: Corporate Debt Instruments
Chapter 10: The Structure and Classification of Residential Mortgage Loans
Chapter 11: Agency Mortgage Pass-Through Securities
Chapter 12: Agency MBS Derivatives: Collateralized Mortgage Obligations and Stripped MBS
Chapter 13: Nonagency Residential Mortgage-Backed Securities
Chapter 14: Commercial Mortgage Loans and Commercial Mortgage-Backed Securities
Chapter 15: Asset-Backed Securities
Part IV: Credit Analysis and Risk Modeling
Chapter 16: Corporate Bond Credit Analysis
Appendix: Using Monte Carlo Simulation to Assess Bond Credit Risk
Chapter 17: Credit Risk Modeling
Part V: Advanced Bond Valuation
Chapter 18: Analysis of Bonds with Embedded Options
Chapter 19: Analysis of Residential Mortgage-Backed Securities
Appendix: Calculating Duration
Chapter 20: Analysis and Valuation of Convertible Bonds
Part VI: Portfolio Management and Strategies
Chapter 21: Bond Portfolio Management
Appendix A: Markowitz
Appendix B: Factor Model
Chapter 22: Structured Portfolio Strategies: Indexing and Liability-Driven Investing
Appendix: Illustration of Cash Flow Matching
Chapter 23: Bond Trading Mechanics
Chapter 24: Bond Trading Strategies
Appendix: How Institutional Investors Create Leverage via the Repo Market
Chapter 25: Managing a Corporate Bond Portfolio
Part VII: Performance Measurement and Backtesting
Chapter 26: Evaluating Bond Portfolio Strategies Through Backtesting
Chapter 27: Evaluating Performance in Bond Portfolio Management
Appendix A: Holding-Based Attribution Analysis Using the Campisi Model
Appendix B: Yield-Curve Performance Attribution Analysis
Part VIII: Derivatives and Their Application in Bond Portfolio Management
Chapter 28: Interest-Rate Futures in Bond Portfolio Management
Appendix A: Interest-Rate Hedging with U.S. Treasury Futures
Appendix B: To Hedge or Not to Hedge?
Appendix C: Efficient Asset Allocation Using Futures
Chapter 29: Interest-Rate Options
Chapter 30: Interest-Rate Swaps, Forward-Rate Agreements, Caps, and Floors
Chapter 31: Credit Default Swaps
Appendix A: Efficiently Replicating Corporate Bond Returns with CDS Indices
Appendix B: Using a CDS Overlay Strategy to Manage Return-to-Risk Profile
