{"product_id":"fixed-income-analysis-isbn-9781119850540","title":"Fixed Income Analysis","description":"\u003cp\u003e\u003cb\u003eThe essential guide to fixed-income portfolio management, from experts working with CFA Institute \u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFixed Income Analysis, 5\u003csup\u003eth\u003c\/sup\u003e Edition \u003c\/i\u003edelivers an authoritative overview of how successful investment professionals manage fixed-income portfolios. Back with expanded content on the defining elements of fixed income securities, corporate debt, repurchase agreements, term structure models, and more, the 5\u003csup\u003eth\u003c\/sup\u003e edition gives students and practitioners alike the tools to understand and apply effective fixed income portfolio management tactics.\u003c\/p\u003e \u003cp\u003eRevised and updated by a team of investment experts in collaboration with CFA Institute, this text introduces the fundamental topics of fixed income securities and markets while also providing in-depth coverage of fixed income security valuation. This new edition offers refreshed and expanded content on the analysis and construction of active yield curve and credit strategies for portfolio managers.\u003c\/p\u003e \u003cp\u003eThanks to a wealth of real-world examples, \u003ci\u003eFixed Income Analysis \u003c\/i\u003eremains an excellent resource for professionals looking to expand upon their current understanding of this important facet of portfolio management, as well as for students in the undergraduate or graduate classroom.\u003c\/p\u003e \u003cp\u003eThrough this text, readers will:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eUnderstand the main features and characteristics of fixed income instruments\u003c\/li\u003e \u003cli\u003eMaster the key return and risk measures of fixed income instruments\u003c\/li\u003e \u003cli\u003eDevelop and evaluate key fixed income investment strategies based on top-down and bottom-up analysis\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe companion workbook (sold separately) includes problems and solutions aligning with the text and allows learners to test their comprehension of key concepts.\u003c\/p\u003e \u003cp\u003eCFA Institute is the world’s premier association for investment professionals, and the governing body for the CFA® Program, CIPM® Program, CFA Institute ESG Investing Certificate, and Investment Foundations® Program. Investment analysts, portfolio managers, individual and institutional investors and their advisors, and any reader with an interest in fixed income markets will value this accessible and informative guide.\u003c\/p\u003e \u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003eAcknowledgements xvii\u003c\/p\u003e \u003cp\u003eAbout the CFA Institute Investment Series xix\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I: Fixed Income Essentials\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 1: Fixed Income Securities: Defining Elements 3\u003c\/p\u003e \u003cp\u003eCHAPTER 2: Fixed Income Markets: Issuance, Trading, and Funding 45\u003c\/p\u003e \u003cp\u003eCHAPTER 3: Introduction to Fixed-Income Valuation 91\u003c\/p\u003e \u003cp\u003eCHAPTER 4: Introduction to Asset-Backed Securities 149\u003c\/p\u003e \u003cp\u003eCHAPTER 5: Understanding Fixed-Income Risk and Return 201\u003c\/p\u003e \u003cp\u003eCHAPTER 6: Fundamentals of Credit Analysis 257\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II: Fixed Income Term Structure, Advanced Valuation, and Credit Analysis\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 7: The Term Structure and Interest Rate Dynamics 325\u003c\/p\u003e \u003cp\u003eCHAPTER 8: The Arbitrage-Free Valuation Framework 377\u003c\/p\u003e \u003cp\u003eCHAPTER 9: Valuation and Analysis of Bonds with Embedded Options 419\u003c\/p\u003e \u003cp\u003eCHAPTER 10: Credit Analysis Models 487\u003c\/p\u003e \u003cp\u003eCHAPTER 11: Credit Default Swaps 545\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III: Fixed Income Portfolio Management\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 12: Overview of Fixed-Income Portfolio Management 575 \u003c\/p\u003e \u003cp\u003eCHAPTER 13: Liability-Driven and Index-Based Strategies 617\u003c\/p\u003e \u003cp\u003eCHAPTER 14: Yield Curve Strategies\u0026amp;nbsp 693\u003c\/p\u003e \u003cp\u003eCHAPTER 15: Fixed-Income Active Management: Credit Strategies 743\u003c\/p\u003e \u003cp\u003eGlossary 823\u003c\/p\u003e \u003cp\u003eAbout the Editors 841\u003c\/p\u003e \u003cp\u003eAbout the CFA Program 843\u003c\/p\u003e \u003cp\u003eIndex 845\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCFA Institute\u003c\/b\u003e is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors' interests come first, markets function at their best, and economies grow. CFA Institute has more than 170,000 members in 160+ countries and territories, including 163,000 CFA\u003csup\u003e®\u003c\/sup\u003e charterholders, and 150+ member societies. For more information, visit www.cfainstitute.org.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eAbout the \u003ci\u003eCFA Institute Investment Series\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eDesigned for both students and investment professionals, the \u003ci\u003eCFA Institute Investment Series\u003c\/i\u003e distills core topics from the CFA\u003csup\u003e®\u003c\/sup\u003e Program curriculum into digestible, practice-oriented texts and companion workbooks. Each book in the series offers the latest comprehensive coverage on concepts essential to portfolio management and the wider investment industry. The titles in this series are developed to help readers not only understand key learning objectives, but also apply the material with hands-on exercises connecting theory with real investment practice.  \u003c\/p\u003e\u003cp\u003eWritten by experts working with CFA Institute, this book offers an authoritative and current overview of how today’s investment practitioners analyze and manage fixed income portfolios. To enhance your mastery of the tools and techniques covered in \u003ci\u003eFixed Income Analysis, 5th Edition,\u003c\/i\u003e don’t forget to pick up \u003ci\u003eFixed Income Analysis Workbook, 5th Edition\u003c\/i\u003e for added practice with specific learning outcomes, summary overview sections, and challenging questions.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe essential guide to fixed-income portfolio management, from experts working with CFA Institute\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eFixed Income Analysis, 5th Edition\u003c\/i\u003e delivers an authoritative overview of how successful investment professionals manage fixed-income portfolios. Back with expanded content on the defining elements of fixed income securities, corporate debt, repurchase agreements, term structure models, and more, the 5th edition gives students and practitioners alike the tools to understand and apply effective fixed income portfolio management tactics. \u003c\/p\u003e\u003cp\u003eRevised and updated by a team of investment experts in collaboration with CFA Institute, this text introduces the fundamental topics of fixed income securities and markets while also providing in-depth coverage of fixed income security valuation. This new edition offers refreshed and expanded content on the analysis and construction of active yield curve and credit strategies for portfolio managers. \u003c\/p\u003e\u003cp\u003eThanks to a wealth of real-world examples, \u003ci\u003eFixed Income Analysis\u003c\/i\u003e remains an excellent resource for professionals looking to expand upon their current understanding of this important facet of portfolio management, as well as for students in the undergraduate or graduate classroom. \u003c\/p\u003e\u003cp\u003eThrough this text, readers will:  \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eUnderstand the main features and characteristics of fixed income instruments\u003c\/li\u003e \u003cli\u003eMaster the key return and risk measures of fixed income instruments\u003c\/li\u003e \u003cli\u003eDevelop and evaluate key fixed income investment strategies based on top-down and bottom-up analysis \u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eThe companion workbook (sold separately) includes problems and solutions aligning with the text and allows learners to test their comprehension of key concepts. \u003c\/p\u003e\u003cp\u003eCFA Institute is the world’s premier association for investment professionals, and the governing body for the CFA\u003csup\u003e®\u003c\/sup\u003e Program, CIPM\u003csup\u003e®\u003c\/sup\u003e Program, CFA Institute ESG Investing Certificate, and Investment Foundations\u003csup\u003e®\u003c\/sup\u003e Program. Investment analysts, portfolio managers, individual and institutional investors and their advisors, and any reader with an interest in fixed income markets will value this accessible and informative guide.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989219131621,"sku":"NP9781119850540","price":110.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119850540.jpg?v=1761783253","url":"https:\/\/k12savings.com\/products\/fixed-income-analysis-isbn-9781119850540","provider":"K12savings","version":"1.0","type":"link"}