Bond laddering is a powerful investment strategy especially for investors ... Continue reading
Fixed Income Securities
How to Calculate Option-adjusted Spread …
Option adjusted spread is a measure of the credit risk in option-embedded ... Continue reading
New Course – Fixed Income Markets …
We are pleased to announce the addition of a new course - Fixed Income ... Continue reading
All About Bonds, Bond Mutual Funds, and …
Esme Faerber introduces Bonds in depth to the reader in her book – All About ... Continue reading
The Handbook of Municipal Bonds …
The Handbook of Municipal Bonds compiled by Sylvan Feldstein and Frank ... Continue reading
Bonds …
A bond is an IOU between the issuer and the investors. An option free ... Continue reading
Arbitrage-free Valuation Approach for Bo …
The simplest way to calculate the value of a bond is to take the cash flows ... Continue reading
Calculate the Value of a Zero-coupon Bon …
Suppose you have a pure discount bond that will pay $1,000 five years from ... Continue reading
Calculate the Value of a Coupon Paying B …
The value of a coupon paying bond is calculated by discounting the future ... Continue reading
Overview of Structured Notes …
Structured securities are hybrid securities that integrate the features of a ... Continue reading
What are Medium-term Notes …
Medium term notes are another type of corporate debt security. One of their ... Continue reading
What are Corporate Bonds …
Corporate bonds are bonds issued by corporations in order to raise money for ... Continue reading
Corporate Debt Securities and Rights of …
Apart from raising capital in the form of equity, corporates also borrow ... Continue reading
Overview of Municipal Bonds …
We learned about the securities issued by the central government of a ... Continue reading
Federal Agency Securities …
In any country, the central government can create an agency or a separate ... Continue reading
Overview of U.S. Treasury Securities …
The United State's Treasury issues various types of securities known as US ... Continue reading
Credit Risk and Rating of Sovereign Debt …
As we have learned earlier, the investors in bonds are exposed to credit ... Continue reading
Types of Bond Markets …
Even though there is no standard classification of bond market, we can ... Continue reading
Event Risk and Sovereign Risk in Bonds …
Event Risk The investors in bonds may also face event risk, i.e., the ... Continue reading
Volatility Risk in Bonds with Embedded O …
Bonds with embedded options such as call options and put options also have ... Continue reading