Fixed Income Securities covers the entire gamut of fixed income
products, from plain vanilla bonds to interest rate derivatives and
mortgage-backed securities. With helpful numerical illustrations and
explanations on the use of specific functions in Excel, this book
presents essential constructs and concepts, with a simultaneous focus on
practical applications and issues of interest to market professionals.
Sunil Kumar Parameswaran delves into the time value of money, bonds,
yield measures, money markets, interest rate futures, and interest rate
swaps to provide an in-depth look at issues pertaining to fixed income
securities. This book is an essential resource for professionals in the
fields of brokerage, insurance, mutual funds, pension funds, hedge
funds, commercial and investment banks, as well as students of finance.