How the Bond Market Works [Hardcover]

Robert Zipf (Author)

Book Description

Publication Date: July 15, 2002

First published in 1988 and revised in 1996, this new edition is updated to reflect the latest changes in the debt-instrument market. As with previous editions, the third edition provides a solid introduction to the entire bond business, including broad trends in fixed income markets as well as current trends in individual markets. It offers vital information on the Federal Reserve System, the mathematics of finance, and a glossary of essential terminology.

How the Bond Market Works delves into how a bond differs from a share of stock, how various kinds of bonds are brought to market, the relationship between bond prices and interest rates in general, the different kinds of international bonds, and much more.

New to the third edition are chapters devoted to electronic trading, the most current information on new bond instruments and trends, and portfolio management for the individual investor.

Sometimes referred to as a bond-seminar-in-a-book, this third edition gives investors everything they need to know about the bond market.

Product Details

• Hardcover: 320 pages
• Publisher: Prentice Hall Press; 3 edition (July 15, 2002)
• Language: English
• ISBN-10: 0735202664
• ISBN-13: 978-0735202665
• Product Dimensions: 9.2 x 6.3 x 1.1 inches
• Shipping Weight: 1.4 pounds
• Average Customer Review: 3.7 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #1,639,949 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

4.0 out of 5 stars A Solid Foundation - Not Too Dry, February 7, 2003

By 

"byronsnotes" (West Chester, PA United States) - See all my reviews

This review is from: How the Bond Market Works (Hardcover)

If you've read any number of books on investing, you know they can be tedious. But this book is relatively crisp and to the point. When the details of a subject are beyond the scope of a 200 page read, the book says so. If you are doing anything related to bond investing (even programming!) you should get started with this book.

1 of 1 people found the following review helpful:

5.0 out of 5 stars Vital information to help the investor understand the bond market., March 29, 2008

By 

Dorothy Gamble "dgamble" (Sylva, NC United States) - See all my reviews

A vitally informative book that helps even the inexperienced investor understand the bond market. This updated edition reflects the latest information on the Federal Reserve System, portfolio management, and economic risk factors; along with comprehensive overview on available debt instruments. You will find this book a beneficial introduction to the world of bond instruments that elude even the most sophisticated investor. The author, Robert Zipf consults, writes and lectures on bonds and public finance

4 of 6 people found the following review helpful:

4.0 out of 5 stars Good starting point for research on this topic, December 10, 1999

By A Customer

This review is from: How the Bond Market Works: Second Edition (New York Institute of Finance) (Mass Market Paperback)

I found this book to be very helpful in understaning this topic. I would recommend it to people new to the industry as a good starting point to learn about the bond market.