Corporate Bonds and Structured Financial Products

By

  • Moorad Choudhry, Chief Executive Officer, Habib Bank Zurich PLC and Visiting Professor at the Department of Mathematical Sciences, Brunel University.

This book is a detailed account of the instruments that are used in the corporate bond markets, from conventional "plain vanilla" bonds to hybrid instruments and structured products. There is background information on bond pricing and yield, as well as a detailed look at the yield curve. The book covers the full set of instruments used by companies to raise finance, and which are aimed at a wide range of investors. It also discusses the analysis of these instruments. Topics covered include:*Bond basics*The yield curve*Callable bonds*Convertible bonds*Eurobonds*Warrants*Commercial paper*Corporate bonds credit analysis*Securitisation*Asset-backed securities*Mortgage-backed securities*Collateralised Debt Obligations*Synthetic CDOsWritten by one of the leading names in the fixed income markets today, this book should prove to be an invaluable reference guide for all those with an interest in corporate bond markets, whether as practitioners, consultants or researchers.
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Book information

  • Published: June 2004
  • Imprint: BUTTERWORTH HEINEMANN
  • ISBN: 978-0-7506-6261-1

Reviews

"At last, a book we can adopt as the standard reference work for everything connected with corporate debt markets and their derivatives. A truly great addition to the financial economics literature." -- Ketul Tanna, AVP, EMEA Investor Relations, JPMorgan Chase Bank "A trademark book in the author's trademark excellent style: accessible, detailed, informative. Essential reading for issuers and investors in credit markets." -- Daniel Shakhani, Fixed Income Sales, Royal Bank of Scotland



Table of Contents

Fixed Income Securities: Primer on bond basics; Yield curve; Review of bond instruments; Hybrid securities; Corporate Debt Markets:Corporate debt markets; Callable bonds; Convertible bonds I; Convertible bonds II; The Eurobond Market I; Warrants; Medium-Term notes; Commercial Paper; Preference shares; US Municipal bonds; High Yield Bonds; Credit Analysis; Structured Financial Products: Intro to Securitisation; Mortgage-backed securities I; MBS II; ABS securities; CDOs; Synthetic CDOs.