Revised and updated guide to some of the most important issues in the capital markets today, with an emphasis on fixed-income instruments. Fundamental concepts in equity market analysis, foreign exchange and money markets are also covered to provide a comprehensive overview. Analysis and valuation techniques are given for practical application.PART I: INTRODUCTION Introduction to Financial Market Instruments Market-Determined Interest Rates and the Time Value of Money The 2007-2008 Financial Market Crisis: Origins and Lessons Learned PART II: DEBT CAPITAL MARKET CASH INSTRUMENTS Money Market Instruments and Foreign Exchange Fixed Income Securities I Fixed Income Securities II: Interest Rate Risk Fixed Income Securities II: Option Adjusted Spread Analysis I Interest Rate Modelling Fitting the Yield Curve Spline Methodology and Fitting the Yield Curve Inflation-Index Bonds PART III: STRUCTURED FINANCIAL PRODUCTS Mortgage Backed Securities I Mortgage Backed Securities II Collateralized Debt Obligations PART IV: DERIVATIVE INSTRUMENTS Short Term Interest Rate Derivatives Swaps Option I Options II Options III Credit Derivatives PART V: EQUITY INSTRUMENT ANALYSIS Introduction to Equity Instrument Analysis Introduction to Financial Ratio Analysis PART VI: RATE APPLICATIONS SOFTWARE Rate Computer Software
'Gillian Tett, in her book Fool's Gold, has produced a thorough, journalistic account of the causes of the global financial crisis. This book's strength is as an analytical study of the instruments themselves and ... its aim to provide a thorough understanding of financial markets deserves a wide audience. It is not only bankers, regulators and politicians who need to understand the world of complex financial instruments. Journalists and academics also have a duty to comprehend and explain.' - from the Foreword, Vincent Cable, MP for Twickenham& Liberal Democrat Deputy Leader and Shadow Chancellor of the Exchequer.
MOORAD CHOUDHRY il£*