Bonds and Bond Derivatives [Paperback]

Miles Livingston (Author)

Book Description

Publication Date: August 12, 2008 | ISBN-10: 1405119128 | ISBN-13: 978-1405119122 | Edition: 2

This book provides an introduction to bond markets and bond derivatives for students as well as for executives in commercial businesses and financial institutions. It also:

• Presents the essential elements of debt instruments in an intuitive manner;
  
• Covers updated institutional material, new sections on callable bonds and the yield to call, convertible bonds, and methods for estimating and modern models of term structure of interest rates, as well as a comprehensive discussion of bonds in the European Economic Union;
  
• Includes additional end-of-chapter questions, PowerPoint slides, and an Instructor's text bank through the author's website: http://bear.cba.ufl.edu/livingston

Editorial Reviews

Book Description

This book provides an introduction to bond markets and bond derivatives for readers working in commercial businesses and financial institutions. While many topics about debt instruments involve mathematics, this book presents the essential elements in an intuitive manner. This new edition includes updated institutional material; new sections on callable bonds and the yield to call, convertible bonds, and methods for estimating and modern models of term structure of interest rates; as well as a comprehensive discussion of bonds in the European Economic Union.

From the Back Cover

This book provides an introduction to bond markets and bond derivatives for students as well as for executives in commercial businesses and financial institutions. While many topics about debt instruments involve mathematics, this text presents the essential elements in an intuitive manner. Containing material that is accessible and engaging to students and practitioners alike, the book is ideally suited for debt markets courses, and provides a good fit with any finance curriculum. For practitioners, the book can be readily used as a training manual and reference source for firms involved in debt markets.

This new edition includes updated institutional material; new sections on callable bonds and the yield to call, convertible bonds, and methods for estimating and modern models of term structure of interest rates; as well as a comprehensive discussion of bonds in the European Economic Union. Additional end-of-chapter questions, PowerPoint slides, and an Instructor's test bank make this text and invaluable resource to students, scholars, and practitioners.

The author maintain supplementals material for this text on his website: http://bear.cba.ufl.edu/livingston

See all Editorial Reviews

Product Details

• Paperback: 320 pages
• Publisher: Wiley-Blackwell; 2 edition (August 12, 2008)
• Language: English
• ISBN-10: 1405119128
• ISBN-13: 978-1405119122
• Product Dimensions: 6 x 1 x 9.1 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Average Customer Review: 2.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #919,221 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

2.0 out of 5 stars I may be biased because the author is my professor..., February 4, 2011

By 

nutmeg642 - See all my reviews

Amazon Verified Purchase

This review is from: Bonds and Bond Derivatives (Paperback)

...but the book isn't anything special. I feel wikipedia could do a better job. Not only the book, but the homework problems and the provided solutions (although occasionally detailed, these solutions are typically just the final answer) aren't very helpful to solidifying any concepts. Simply put -- there's got to be a better book that briefly reviews these same topics in a more beneficial way. I think this book and it's presentation style are simply too outdated.

5 of 8 people found the following review helpful:

3.0 out of 5 stars Good overview for beginners, April 20, 2000

By 

Ligeza - See all my reviews

This review is from: Bonds and Bond Derivatives (Science Biographies) (Hardcover)

This book gives a very good review for beginners investing in the US bond market only. If you are a professional it is more a dictionnary, it doesn't analyse properly instruments. I would like to finally see an author able to understand that a bond is a bond, and a book like that should focus on this and not to give us a extensive listing of all US bonds in the market ....Second USA are not anymore the only financial market in the world : so "International" chapter should be at least as important as the rest of the exercise...