Fixed income securities : valuation, risk, and risk management

Rs. 8,444/-

1. An introduction to fixed income markets
2. Basics of fixed income securities
3. Basics of interest rate risk management
4. Basic refinements in interest rate risk management
5. Interest rate derivatives: forwards and swaps
6. Interest rate derivatives: futures and options
7. Inflation, monetary policy, and the federal funds rate
8. Basics of residential mortgage backed securities
9. One step binomial trees
10. Multi-step binomial trees
11. Risk neutral trees and derivative pricing
12. American options
13. Monte Carlo simulation on trees
14. Interest rate models in continuous time
15. No arbitrage and the pricing of interest rate securities
16. Dynamic hedging and relative value trades
17. Risk neutral pricing and Monte Carlo simulations
18. The risk and return of interest rate securities
19. No arbitrage models and standard derivatives
20. The market model for standard derivatives
21. Forward risk neutral pricing and the Labor market model
22. Multi factor models.

Providing a description of the forces that affect the valuation, risk and return of fixed income securities, this text outlines the importance of parameter data and the role of financial models