Fixed Income Analysis for the Global Financial Market: Money Market, Foreign Exchange, Securities, and Derivatives [Hardcover]

Giorgio S. Questa (Author)

Book Description

Series: Frontiers in Finance Series | Publication Date: July 15, 1999

This comprehensive new book explains and clarifies the essential building blocks underlying the pricing and risk analysis of fixed-income securities and derivatives - using mathematics lightly, to make things easier, not harder. The emphasis throughout is on how-to-do, on building operational knowledge from the ground up. There are more than 300 examples and exhibits based on current market data. You will find essential information on:
* The global money market
* Foreign exchange transaction and foreign exchange derivatives
* Bonds and zero coupon bonds - including a risk management-driven discussion of duration and convexity
* Interest rate swaps, currency swaps, and exchange-traded futures
* Stochastic models and option pricing
* Stochastic models of the yield curve

Editorial Reviews

Review

"A comprehensive guide to an important subject." -- Kenneth R. French, NTU Professor of Finance Sloan School of Management, MIT

"This book is an excellent piece of work, a contribution tot he understanding of fixed-income markets. It is all-encompassing and thorough, covering both the basics and the methodology of how to apply the theory to the real world." -- Minos A. Zombanakis, Chairman of the International Advisory Board, Chase

From the Inside Flap

Fixed-Income Analysis for the Global Financial Market Global fixed-income markets, both securities and their derivatives, have registered phenomenal growth over the past two decades, yet many instruments and strategies are often misunderstood and, as a result, mishandled for the purposes of effective risk management. This comprehensive new book explains and clarifies the essential building blocks underlying the pricing and risk analysis of fixed-income securities and derivatives-using mathematics lightly, to make things easier, not harder. The emphasis throughout is on how-to-do, on building operational knowledge from the ground up. There are more than 300 examples and exhibits based on current market data. The international dimension is also an integral part of the analysis. A true global financial village has emerged, heavily dependent for its operations on real-time international telecommunications networks. The focus of this book is on instruments which can be freely traded internationally, generally without controls, taxes, or other restrictions. You will find essential information on:
* The global money market
* Foreign exchange transactions and foreign exchange derivatives
* Bonds and zero coupon bonds-including a risk management-driven discussion of duration and convexity
* Interest rate swaps, currency swaps, and exchange-traded futures
* Stochastic models and option pricing
* Stochastic models of the yield curve
Written for a wide range of finance professionals and packed with a wealth of exhibits, this is the ideal resource for anyone seeking a firmer grasp of this important topic.

See all Editorial Reviews

Product Details

• Hardcover: 351 pages
• Publisher: Wiley; 1 edition (July 15, 1999)
• Language: English
• ISBN-10: 0471246530
• ISBN-13: 978-0471246534
• Product Dimensions: 10.1 x 7.6 x 1.2 inches
• Shipping Weight: 1.9 pounds (View shipping rates and policies)
• Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #1,912,683 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

1 of 2 people found the following review helpful:

4.0 out of 5 stars Excellent source for fixed income analytics, August 23, 1999

By A Customer

This review is from: Fixed Income Analysis for the Global Financial Market: Money Market, Foreign Exchange, Securities, and Derivatives (Hardcover)

I had the pleasure of having Mr. Questa as a guest lecuturer in a Fixed Income class. This book was used as the text, prior to its publication. The book is a great intro-intermediate fixed income book. It also covers the advanced stochastic models well. It is one of few books that also integrates the foreign exchange market into the analysis. In a few areas the book is difficult to follow however after a careful re-reading it sinks in.

0 of 14 people found the following review helpful:

5.0 out of 5 stars Non è una recensione, February 20, 1999

By A Customer

This review is from: Fixed Income Analysis for the Global Financial Market: Money Market, Foreign Exchange, Securities, and Derivatives (Hardcover)

Non ho avuto il piacere di leggere il libro ma il nome dell'autore mi piaceva tantissimo...... è il mio (omonimia) Giorgio Questa