Advanced Fixed Income Analysis

Advanced Fixed Income Analysis

by Moorad Choudhry (Author), Moorad Choudhry (Author), Michele Lizzio (Author)

Synopsis

Each new chapter of the Second Edition covers an aspect of the fixed income market that has become relevant to investors but is not covered at an advanced level in existing textbooks. This is material that is pertinent to the investment decisions but is not freely available to those not originating the products. Professor Choudhry's method is to place ideas into contexts in order to keep them from becoming too theoretical. While the level of mathematical sophistication is both high and specialized, he includes a brief introduction to the key mathematical concepts. This is a book on the financial markets, not mathematics, and he provides few derivations and fewer proofs. He draws on both his personal experience as well as his own research to bring together subjects of practical importance to bond market investors and analysts.

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More Information

Format: Hardcover
Pages: 272
Edition: 2
Publisher: Butterworth-Heinemann
Published: 01 Sep 2015

ISBN 10: 0080999387
ISBN 13: 9780080999388
Book Overview: Explains to graduate students and professionals applications of valuation and analytical techniques that can confound even the most advanced practitioners

Media Reviews
It is always welcome news when hearing of a new publication or edition from Professor Choudhry. The 2nd edition of Advanced Fixed Income Analysis maintains his always high standards, written in trademark accessible style that brings clarity to some of the more exotic analytical issues in fixed income markets. Highly recommended. --Mohamoud Dualeh, Head of Product Development, Alizz Islamic Bank, Muscat A most worthwhile and long-awaited update, very informative and makes simple what is undoubtedly some arcane bond market technical features. --Zhuoshi Liu, Economist, CIC International, Hong Kong A genuinely valuable handbook for the fixed income practitioner. --Maira Chatziperou, Treasury Transaction Manager, Royal Bank of Scotland, London An invaluable reading for practitioners and advanced students in fixed income analysis. This book is well thought-out and provides a clear, concise and hands-on view of the complexities pervading fixed income instruments and derivatives. Topics are presented in a user friendly way, which helps getting a quick understanding of the matters. Highly recommended! --Giovanni Gaspardo, Partner, Deloitte Financial Advisory, Milan An excellent book that is improved, updated and simplified is always welcome in the libraries of the best professionals and advanced students. The second edition of Advanced Fixed Income Analysis is one of those books. --Alberto Falini, Professor of Corporate Finance, University of Brescia, Milan Advanced Fixed Income Analysis clearly explains the critical concepts and advanced approaches in fixed income analysis. The topical coverage and rigor are well suited for experienced practitioners looking to refresh knowledge and stay up to date or university students who want to learn more about fixed income applications. This is a very useful book! --Gianluca Beltracchi, Associate Analyst, Moody`s Investors Service, London
Author Bio
Moorad Choudhry is Chief Executive Officer, Habib Bank Zurich PLC in London, and Visiting Professor at the Department of Mathematical Sciences, Brunel University. Previously he was Head of Treasury of the Corporate Banking Division, Royal Bank of Scotland. Prior to joining RBS, he was a bond trader and structured finance repo trader at KBC Financial Products, ABN Amro Hoare Govett Limited and Hambros Bank Limited. He has a PhD from Birkbeck, University of London and an MBA from Henley Business School. Moorad lives in Surrey, England. Michele Lizzio is an Analyst in the Investment Banking division at Mediobanca in Milan (Italy). Before Mediobanca, Michele was an Analyst at Deloitte Financial Advisory, Valuation Services in Milan (Italy). He graduated cum laude in MSc Corporate Finance from the University of Brescia and began his career collaborating with Alberto Falini, Professor of Corporate Finance at University of Brescia.