Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained) Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:
The interest rate derivatives markets underwent significant change in the wake of the global financial crisis, change that included the adoption of multi-curve modelling frameworks and market data. Furthermore, even for simple financial instruments significant effort for pricing and risk management can be necessary due to collateral agreements and the consideration of xVA. The latter are adjustments due to credit or liquidity issues. We not only cover multiple yield curve construction but we also consider volatility surfaces for different underlyings.

Interest Rate Derivatives Explained provides a technical but practical guide to the post-crisis fixed income markets, examining the business, products and structures and modeling of interest rate instruments. Written in a highly practical manner, it provides a foundation of knowledge and a solid understanding of the current market practice for financial engineering, risk management and trading of interest rate products.

The book begins by outlining the new, post-crisis market infrastructure along with the regulations that are reshaping the industry. This includes clearing mechanisms, collateral, and then an introduction to the basis notions of interest rates. In this light we discuss all necessary steps to cover linear instruments such as swaps. To this end we consider the building of yield curves in detail. Further to these considerations we discuss the notion of volatility and cover the standard options Caps/Floors and Swaptions but also advanced products including Constant Maturity Swaps are considered. Here we detail the pricing, the risk factors and the proper management for trading, controlling and for Treasury departments.

Interest Rate Derivatives Explained will provide both new and seasoned practitioners with a concise but thorough guide to the fundamentals of interest rate products, markets, pricing and risk management, and will be a valuable reference for anyone studying or researching the field.

Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained) by Jörg Kienitz

From reader reviews:

Teresa Raap:

Here thing why this specific Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained) are different and dependable to be yours. First of all looking at a book is good but it really depends in the content than it which is the content is as delightful as food or not. Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained) giving you information deeper as different ways, you can find any guide out there but there is no reserve that similar with Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained). It gives you thrill examining journey, its open up your own personal eyes about the thing that will happened in the world which is maybe can be happened around you. You can actually bring everywhere like in park your car, café, or even in your approach home by train. For anyone who is having difficulties in bringing the printed book maybe the form of Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained) in e-book can be your alternate.

Antoine Harris:

Information is provisions for people to get better life, information these days can get by anyone on everywhere. The information can be a knowledge or any news even an issue. What people must be consider when those information which is inside the former life are difficult to be find than now could be taking seriously which one would work to believe or which one the resource are convinced. If you find the unstable resource then you understand it as your main information it will have huge disadvantage for you. All those possibilities will not happen inside you if you take Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained) as the daily resource information.

Cheryl Taylor:

Reading a e-book tends to be new life style in this particular era globalization. With studying you can get a lot of information which will give you benefit in your life. Along with book everyone in this world could share their idea. Books can also inspire a lot of people. Plenty of author can inspire their particular reader with their story or even their experience. Not only situation that share in the textbooks. But also they write about the information about something that you need instance. How to get the good score toefl, or how to teach your young ones, there are many kinds of book that you can get now. The authors nowadays always try to improve their ability in writing, they also doing some analysis before they write on their book. One of them is this Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained).

Josephine Draughn:

Reading a book make you to get more knowledge from it. You can take knowledge and information coming from a book. Book is published or printed or illustrated from each source this filled update of news. Within this modern era like today, many ways to get information are available for you actually. From media social including newspaper, magazines, science e-book, encyclopedia, reference book, fresh and comic. You can add your knowledge by that book. Do you want to spend your spare time to open your book? Or just in search of the Interest Rate Derivatives Explained: Volume 1: Products and Markets (Financial Engineering Explained) when you necessary it?