Fixed Income Analytics Bonds in High and Low Interest Rate Environments /

• Main Author: Marty, Wolfgang (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2017.
• Subjects: Finance.; Business enterprises > Finance.; Banks and banking.; Risk management.; Capital market.; Economics, Mathematical.; Capital Markets.; Business Finance.; Banking.; Risk Management.; Quantitative Finance.

This book analyses and discusses bonds and bond portfolios. Different yields and duration measures are investigated. The transition from a single bond to a bond portfolio leads to the equation for the internal rate of return. Its solution is analyzed and compared to different approaches proposed in...