ESCP Europe

Frank Fabozzi presents the various segments of the fixed-income securities market, explains valuation methods for these instruments, clarifies how to measure interest rate risk, and offers effective techniques for managing bond portfolios. Key concepts are illustrated through numerous examples and exercises, while end-of-chapter questions encourage deeper exploration. As a result, this book provides a clear, dynamic, and accessible introduction to fixed-income securities analysis for undergraduate students in finance and business.