Fixed Income Mathematics: Analytical & Statistical Techniques

Provides the basics of fixed income analysis, and also the more advanced techniques used by the professionals to value the increasingly complex fixed income securities now being traded. In depth coverage of the mathematical techniques available as well as specific applications for their use in real-world investment decision-making situations. Topics inclue: new analytical techniques to value fixed income securities with embedded options; increases coverage of mortgage-backed securities; statistical analysis and its applications to fixed income analysis; how optimization techniques are used to structure fixed income portfolio strategies.