Introduction to Fixed-Income Analysis and Portfolio Management

<b>A concise but comprehensive introduction to fixed income analysis for undergraduate and graduate students.</b><br><br>Offering more concise and less technical coverage of the material featured in the classic text <i>Bond Markets, Analysis, and Strategies</i>, this streamlined book is rightsized for a one-semester fixed-income course. In accessible terms, Frank Fabozzi describes the sectors of the fixed-income market, details how to value fixed-income instruments, and shows how to measure interest rate risk and how to manage a fixed income portfolio. Key concepts are illustrated with extensive examples and exercises, and end-of-chapter questions invite further research. The result is an incisive but approachable introduction to fixed-income analysis for undergraduate finance and business students. <br><br><ul><li>Comprehensive coverage of fixed-income markets</li><li>Easy-to-understand framing of mathematical concepts accommodates a wide readership with varying levels of mathematical expertise </li><li>Extensive illustrations and examples animate analytical chapters</li><li>Written by an expert with deep experience in the asset management industry and the classroom</li><li>Pragmatic modular structuring of content enables adaptability to different curricula </li><li>Instructor resources available </li></ul>