Written with the support of numerous real market examples, this book provides a comprehensive overview of bond markets. It presents the key conceptual frameworks and quantitative tools used in the industry for pricing and risk management. The book also explores a wide range of bond instruments and markets, including: government bonds, interest rate swaps, repurchase agreements (repos), interest rate futures, bond and note futures, bond options and swaptions, corporate bonds, credit default swaps, as well as mortgages and mortgage-backed securities.
