How the Bond Market Works

How the Bond Market Works

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Description

First published in 1988, this guide has been completely updated to reflect changes in the debt-instrument market. This revised edition provides current information on the different bond instruments, their relative risks and benefits, underwriting, markets, listings and quotations, and buy/sell procedures. This edition also includes: expanded coverage of the municipal bond market - the economic risk of issuers, derivatives and their use, the use of municipal bond insurance, and the proposed increase in regulation; increased coverage of collateralized mortgage obligations (CMOs) - various issuers and types, risks, usage, market size and the use of derivatives.
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Product details

  • Paperback | 288 pages
  • 153.42 x 226.06 x 19.3mm | 426.37g
  • Prentice Hall
  • Upper Saddle River, United States
  • English
  • 2nd edition
  • w. figs.
  • 0131243063
  • 9780131243064