Fixed Income Markets

Full Name
Fixed Income Markets: Management, Trading and Hedging

Fixed Income Markets is a comprehensive and in-depth account of the global debt capital markets in today's post-crisis world. It provides a detailed description of market conventions and trading practices, plus extended coverage of associated instruments such as derivatives and structured products. It extends the analysis to look at every aspect of managing bond positions, including correlation and funding issues. It also takes a unique look into the leading practices in bond markets as well as post-credit-crunch impacts on pricing that are rarely captured in textbooks.

Praise for Fixed Income Markets

“One of the most comprehensive and detailed books on fixed income securities you will find. A must-read whether you’re new to fixed income or you’re a seasoned investment professional.”

Patrick Y. Shim, CG Investment Group, Wells Fargo Advisors LLC, Los Angeles

“Another fabulous guide to the fixed income markets from Moorad that will serve readers from all backgrounds very well. The author’s writing style is always entertaining, yet practical for all market participants, focusing and delivering on the latest concepts and strategies in the fixed income space that come from being a seasoned practitioner himself.”

Stuart Turner, Senior Treasury Dealer, Newedge UK Financial Ltd, London

“The first edition has been widely praised for its clarity and precision, its practical and pragmatic approach and its comprehensive coverage of risk management and trading in fixed income markets. This second edition updates the existing text and contains essential new material, particularly on some of the latest structured credit OTC products. I recommend it without reservation to both practitioners and academics, especially those involved in masters courses on fixed income cash and derivatives markets.”

Carol Alexander, Professor of Finance and Head of Business and Management Department, University of Sussex

“A very welcome new edition of Professor Choudhry’s benchmark bond and fixed income markets textbook. There is excellent coverage of the latest developments in both cash and derivatives products, and very useful detail on the impact of issues such as greater collateral and secured funding requirements. A high-quality reference book written in the author’s trademark accessible style, which will be of great value to those involved in the debt capital markets in any capacity.”

Mohamoud Barre Dualeh, Head of Product Development, Alizz Islamic Bank, Muscat

“A welcome update with this second edition, and again a very pedagogical contribution from Moorad Choudhry, of immense interest both for students and practitioners. Exactly what you need to master the bond markets.”

Philippe Priaulet, Head of the Shareholders Network Sales Desk, Natixis, Paris and Associate Professor, University of Evry Val d’Essonne