{"product_id":"securities-finance-isbn-9780471678915","title":"Securities Finance","description":"In \u003ci\u003eSecurities Finance\u003c\/i\u003e, editors Frank Fabozzi and Steven Mann assemble a group of prominent practitioners in the securities finance industry to provide readers with an enhanced understanding of the various arrangements in the securities finance market. Divided into three comprehensive parts—Securities Lending, Bond Financing via the Repo Market, and Equity Financing Alternatives to Securities Lending—this book covers a wide range of securities finance issues, including alternative routes to the securities lending market, evaluating risks in securities lending transactions, U.S. and European repo markets, dollar rolls and their impact on MBS valuation and strategies, derivatives for financing equity positions and equity repos, and more. Filled with in-depth insight and expert advice, \u003ci\u003eSecurities Finance\u003c\/i\u003e contains the information readers need to succeed in this rapidly expanding market. \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAbout the Editors xiii\u003c\/p\u003e \u003cp\u003eContributing Authors xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Securities Lending 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 An Introduction to Securities Lending 3\u003cbr\u003e\u003ci\u003eMark C. Faulkner\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 2 Securities Lending, Liquidity, and Capital Market-Based Finance 39\u003cbr\u003e\u003ci\u003eState Street\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 3 Finding a Route to Market: An Institutional Guide to the Securities Lending Labyrinth 57\u003cbr\u003e\u003ci\u003eMark C. Faulkner\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 4 Evaluating Lending Options 79\u003cbr\u003e\u003ci\u003eAnthony A. Nazzaro\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 5 The Auction Process and Its Role in the Securities Lending Markets 87\u003cbr\u003e\u003ci\u003eDaniel E. Kiefer and Judith G. Mabry\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 6 The Fundamentals of Fixed Income Securities 107\u003cbr\u003e\u003ci\u003eFrank J. Fabozzi\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 7 Managing Liquidity Risks in Cash-Based Lending Programs 127\u003cbr\u003e\u003ci\u003eEd Blount and Aaron J. Gerdeman\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 8 Quantifying Risks in Securities Lending Transactions 141\u003cbr\u003e\u003ci\u003eMark C. Faulkner\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 9 Risk, Return, and Performance Measurement in Securities Lending 151\u003cbr\u003e\u003ci\u003ePeter Economou\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 10 Developing Effective Guidelines for Managing Legal Risks—U.S. Guidelines 167\u003cbr\u003e\u003ci\u003eCharles E. Dropkin\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 11 Tax Issues Associated with Securities Lending 179\u003cbr\u003e\u003ci\u003eRichard J. Shapiro\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 12 Accounting Treatment of Loans of Securities 205\u003cbr\u003e\u003ci\u003eSusan C. Peters\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Bond Financing via the Repo Market 219\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 13 Repurchase and Reverse Repurchase Agreements 221\u003cbr\u003e\u003ci\u003eFrank J. Fabozzi and Steven V. Mann\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 14 The European Repo Market 241\u003cbr\u003e\u003ci\u003eRichard Comotto\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 15 Overview of U.S. Agency Mortgage-Backed Securities 255\u003cbr\u003e\u003ci\u003eFrank J. Fabozzi\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 16 Dollar Rolls 283\u003cbr\u003e\u003ci\u003eFrank J. Fabozzi and Steven V. Mann\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 17 Evaluating the Interaction of Dollar Rolls and MBS Investments 299\u003cbr\u003e\u003ci\u003eAnand K. Bhattacharya, Paul Jacob, and William S. Berliner\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Equity Financing Alternatives to Securities Lending 315\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 18 Equity Financing Alternatives to Securites Lending 317\u003cbr\u003e\u003ci\u003eFrank J. Fabozzi and Steven V. Mann\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIndex 333\u003c\/p\u003e  FRANK J. FABOZZI, PhD, CFA, CPA, is the Frederick Frank Adjunct Professor of Finance at Yale University's School of Management. He is also a Fellow of the International Center for Finance at Yale University. Prior to joining the Yale faculty, Fabozzi was a visiting professor of finance in the Sloan School of Management at MIT. Fabozzi has authored and edited many acclaimed books in finance and is also the Editor of the Journal of Portfolio Management.  \u003cp\u003eSTEVEN V. MANN, PhD, is Professor of Finance at the Moore School of Business, University of South Carolina. He has coauthored four previous books and numerous articles in the area of investments, primarily fixed-income securities and derivatives. Mann also works as a consultant to investment\/commercial banks and has conducted training programs for financial institutions throughout the United States.\u003c\/p\u003e  Securities finance involves borrowing and lending transactions that are motivated for various reasons such as obtaining securities for settlement, financing inventory positions, and generating incremental income.  \u003cp\u003eIn Securities Finance, editors Frank Fabozzi and Steven Mann assemble a group of prominent practitioners in the securities finance industry to provide you with an enhanced understanding of the various arrangements in the securities finance market.\u003c\/p\u003e \u003cp\u003eDivided into three comprehensive parts—Securities Lending, Bond Financing via the Repo Market, and Equity Financing Alternatives to Securities Lending—this book covers a wide range of securities finance issues, including:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAlternative routes to the securities lending market, including auctions\u003c\/li\u003e \u003cli\u003eTax, legal, regulatory, and accounting for securities lending transactions\u003c\/li\u003e \u003cli\u003eEvaluating risks in securities lending transactions\u003c\/li\u003e \u003cli\u003eU.S. and European repo markets\u003c\/li\u003e \u003cli\u003eDollar rolls and their impact on MBS valuation and strategies\u003c\/li\u003e \u003cli\u003eDerivatives for financing equity positions and equity repos\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFilled with in-depth insight and expert advice, Securities Finance contains the information you need to succeed in this rapidly expanding market.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989998420197,"sku":"NP9780471678915","price":126.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471678915.jpg?v=1761786158","url":"https:\/\/k12savings.com\/es\/products\/securities-finance-isbn-9780471678915","provider":"K12savings","version":"1.0","type":"link"}