Bond Markets, Analysis and Strategies (6th Edition) | 
enlarge | Author: Frank J Fabozzi Publisher: Prentice Hall Category: Book
List Price: $176.00 Buy New: $125.00 You Save: $51.00 (29%)
New (20) Used (20) from $85.00
Rating: 8 reviews Sales Rank: 67985
Media: Paperback Edition: 6 Pages: 792 Number Of Items: 1 Shipping Weight (lbs): 2.8 Dimensions (in): 9.3 x 7.1 x 1.3
ISBN: 0131986430 Dewey Decimal Number: 332.6323 EAN: 9780131986435 ASIN: 0131986430
Publication Date: June 23, 2006 Availability: Usually ships in 1-2 business days
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Product Description
Target Market: Fixed Income Securities Courses or Bond Markets Courses Fabozzi's, Bond Markets, prepares students to analyze the the bond market and use the tools for managing bond portfolios. Many texts on the market are far too theoretical, Fabozzi is quite the opposite. This text covers Bonds, analytical techniques for valuing bonds and quantifying their exposure to changes in interest rates, and portfolio strategies for achieving a client’s objectives.
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| Customer Reviews: Read 3 more reviews...
Fabozzi is the Dean of Bonds July 26, 2008 DJ
Excellent treatment of all the major concepts -- good if you are studying for the CFA exam, as well...we used this in a top 20 MBA program and I highly recommend this book...fixed income is not easy stuff, but this book explains concepts/problems in a easy to digest way....
Plagued by Math Errors and Incomplete Formulas April 30, 2008 Veritas (USA) 1 out of 1 found this review helpful
This book has numerous issues with incomplete formulas, math errors, and poor editing. Many of the questions at the end of the chapters are incomplete and the solutions in the manual often add in information that was not in the question. The solutions manual has lots of numbers transposed and on multipart questions these errors cause all of the answers to be incorrect. In addition, many of the solutions will change par value in the middle of the answer making it very confusing. The editor of this book should be fired immediately.
I reviewed this book for the publisher (prior edition) April 21, 2004 Russ Wermers (University of Maryland) 13 out of 15 found this review helpful
I was a major peer reviewer for the publisher of "Bond Markets, Analysis and Strategies," and have used it several times (perhaps as many as 10 semesters) for both undergrads and MBAs. I have no incentive to give this book any particular rating, but I HIGHLY RECOMMEND IT TO EITHER PRACTITIONERS AND ACADEMICS, AS IT IS AN EXCELLENT TEXT! There are very few weaknesses, and I disagree with most of those cited by the other reviewers listed here. It is clear, concise, loaded with examples, and beautifully written. It is also closely tied to real-world practice without sacrificing the mathematical modeling. Of course, it is no high-level bond pricing text, but it is not supposed to be--it is a broad introduction to bond markets. As such, it succeeds remarkably. In fact, I often refer to it to refresh my own understanding of the structure and pricing of these markets.I highly endorse it, and will continue using it.
Lots of Jargon November 6, 2002 10 out of 24 found this review helpful
I am a senior majoring in finance at the Curtis L. Carlson School of Management, at the University of Minnesota-Twin Cities. I just got done taking a bond course called: Financial Markets and Interest Rates. For the class we used this text book. Although it is a well-rounded book on bonds, it is very hard to understand if you do not have other examples describing what is going on. My professor who holds an MBA had alternative notes on Microsoft PowerPoint made for us to supplement the hard to understand text. The examples do not fully give a clear idea of what is happening, especially to the beginner learning bonds. I would rate this book 2/5 stars and would look elsewhere for an easier type of book, perhaps a tutorial. This book is used at high level universities including mine and Princeton University. Fabozzi is not fooling around when displaying info on bonds.
Excellent introduction to Bond Markets - VERY well written June 14, 2002 Craig Matteson (Ann Arbor, MI) 13 out of 14 found this review helpful
If you think of this as an introductory book to the world of Bonds rather than a field manual for professionals you will find this to be a wonderful book. I find it to be engagingly written (yes, engaging!) with well-chosen examples. It is very nice to be able to read a book about Bonds and find it stimulating. It would have been easy to write a book that could act as a sleep-aid. Instead, this book provides learning objectives for each chapter and the prose is so inviting that I felt the book to be a page-turner.The math used is not complicated and is chosen to help understanding rather than demonstrate the sophisticated math used in the actual world of bond trading. If you want that kind of material this isn't the book for you. I don't know if there is a solutions manual available, but I couldn't find it. If there isn't, there should be. I have never had a college course that used the problems in the book for actual coursework and yet, no matter how simple the problems seem, it is nice for the student to be able to confirm that he or she has indeed found the right answer. There are also many helpful footnotes that point to materials for further and deeper reading on the subjects introduced in this fine book.
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