Customer Reviews

Bond and Money Markets: Strategy, Trading, Analysis (Securities Institution Professional Reference Series)

5 star:		(12)
4 star:		(2)
3 star:		(0)
2 star:		(0)
1 star:		(2)

 

 

The trainer at a fixed income course I attended recently recommended that we all buy this book. He said "it's expensive but well worth it". He wasn't kidding - this book is worth every penny. I reckon it's set to be the standard reference work for anyone working in the bond and money markets. Since I bought it, everyone in my department has borrowed it at one time or another, to look things up, refresh their memory or learn something new. It's brilliant, and written in a way that is easy to follow. I understood swaps and credit derivatives straight away, and the section on value-at-risk was very accessible. I also found the examples and illustrations very helpful. A great effort. I suspect that it took so long for the author to write that by the time he finished it, chapter 1 was already a few years old, some of the market statistics date from 1998 or 1999. But that's a minor point, this book has everything you would want to know about the markets, and has to be my best purchase on the subject ever. Nice job, well done. Matthew Bartlett, Investment Bank, City of London

Explains basics-intermediate knowledge of bond markets. Eveen goes into basic understainding of fixed income trading strategy, if you want to work on a desk, in research,or are taking a fin-markets course, you will find this useful through your entire career.

This is a truly impressive work and a great reference. Even market experts will find something of value here, it takes the reader from first principles to some very complex subjects, all explained in very acccessible fashion. Every topic connected with the debt capital markets is covered, ranging from bonds, interest-rate derivatives, money markets, credit derivatives, yield curve analysis, structured products, CDOs, everything. It is also very well written, like having your own private tutor and market expert delivering a lecture on the markets. It is well worth the money I paid for it, and I recommend it to anyone who needs to know about bonds, derivatives and market analysis. This book is streets ahead of all the competition, no author I have come across, in over 20 years of experience in the markets, comes close to writing like Choudhry does. jrasheed2000@yahoo.co.uk

This book is a valuable resource for all levels of experience with bond markets. I highly reccommned it to anyone in the field or interested in learning about the subject. The book begins with a rather basic introduction to the debt market and leads you into a detailed analysis of derivatives and more complicated pricing models.

This is an impressive work, the encyclopaedia of the bond markets. It takes the reader from the very basics to advanced fixed income analytics, leaving nothing out. Just about every subject, from basics of financial maths, duration and so on to yield curve hypotheses, interest rate derivatives, portfolio management and so on, it's all here. Brilliant, well worth buying, whether you are a student or banker. nik_slater@yahoo.co.uk

An indepth study of the Bond and Money Markets, has ability to give the most basic students a good understanding yet still keep more advanced pupils occupied.

This book is an excellent reference guide and good value for money. It covers everything on all types of bonds, and has much new treatment.

Have read first 10 chapters to repeat basics of bond math, so the book is good in its breadth, what it lacks is section with solutions to end chapter excersices! it would be perfect with those solutions!

This work seems to be a clone of other books that came out earlier but were better written. There is nothing new here.

This is an enclopaedic reference work on bonds and money markets, but written like a thriller. Oustanding work, great value and highly recommended to banker or student.