FIXED INCOME ANALYSIS WORKBOOK（SECOND EDITION）

In this fully revised and updated Second Edition of Fixed Income Analysis, readers will be introduced to a variety of important fixed income analysis issues, including the general principles of credit analysis, term structure and volatility of interest rates, and valuing bonds with embedded options.

FRANK J. FABOZZI, PHD, CFA, CFP, is an Adjunct Professor of Finance and Becton Fellow at Yale University's School of Management. He is also Editor of the Journal of Portfolio Management and a consultant.

PART I: Learning Outcomes, Summary Overview, and Problems.
CHAPTER 1: Features of Debt Securities.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 2: Risks Associated with Investing in Bonds.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 3: Overview of Bond Sectors and Instruments.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 4: Understanding Yield Spreads.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 5: Introduction to the Valuation of Debt Securities.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 6: Yield Measures, Spot Rates, and Forward Rates.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 7: Introduction to the Measurement of Interest Rate Risk.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 8: Term Structure and Volatility of Interest Rates.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 9: Valuing Bonds with Embedded Options.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 10: Mortgage-Backed Sector of the BondMarket.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 11: Asset-Backed Sector of the BondMarket.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 12: ValuingMortgage-Backed and Asset-Backed Securities.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 13: Interest Rate Derivative Instruments.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 14: Valuation of Interest Rate Derivative Instruments.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 15: General Principles of Credit Analysis.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 16: Introduction to Bond Portfolio Management.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 17: Measuring a Portfolio’s Risk Profile.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 18: Managing Funds Against a Bond Market Index.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 19: Portfolio Immunization and Cash Flow Matching.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 20: Relative-ValueMethodologies for Global Credit Bond Portfolio Management.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 21: International Bond Portfolio Management.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 22: Controlling Interest Rate Risk with Derivatives.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 23: HedgingMortgage Securities to Capture Relative Value.
Learning Outcomes.
Summary Overview.
Problems.
CHAPTER 24: Credit Derivatives in Bond Portfolio Management.
Learning Outcomes.
Summary Overview.
Problems.
PART II: Solutions.
CHAPTER 1: Features of Debt Securities.
Solutions.
CHAPTER 2: Risks Associated with Investing in Bonds.
Solutions.
CHAPTER 3: Overview of Bond Sectors and Instruments.
Solutions.
CHAPTER 4: Understanding Yield Spreads.
Solutions.
CHAPTER 5: Introduction to the Valuation of Debt Securities.
Solutions.
CHAPTER 6: Yield Measures, Spot Rates, and Forward Rates.
Solutions.
CHAPTER 7: Introduction to the Measurement of Interest Rate Risk.
Solutions.
CHAPTER 8: Term Structure and Volatility of Interest Rates.
Solutions.
CHAPTER 9: Valuing Bonds with Embedded Options.
Solutions.
CHAPTER 10: Mortgage-Backed Sector of the Bond Market.
Solutions.
CHAPTER 11: Asset-Backed Sector of the BondMarket.
Solutions.
CHAPTER 12: ValuingMortgage-Backed and Asset-Backed Securities.
Solutions.
CHAPTER 13: Interest Rate Derivative Instruments.
Solutions.
CHAPTER 14: Valuation of Interest Rate Derivative Instruments.
Solutions.
CHAPTER 15: General Principles of Credit Analysis.
Solutions.
CHAPTER 16: Introduction to Bond Portfolio Management.
Solutions.
CHAPTER 17: Measuring a Portfolio’s Risk Profile.
Solutions.
CHAPTER 18: Managing Funds Against a Bond Market Index.
Solutions.
CHAPTER 19: Portfolio Immunization and Cash Flow Matching.
Solutions.
CHAPTER 20: Relative-ValueMethodologies for Global Credit Bond Portfolio Management.
Solutions.
CHAPTER 21: International Bond Portfolio Management.
Solutions.
CHAPTER 22: Controlling Interest Rate Risk with Derivatives.
Solutions.
CHAPTER 23: HedgingMortgage Securities to Capture Relative Value.
Solutions.
CHAPTER 24: Credit Derivatives in Bond Portfolio Management.
Solutions.
About the CFA Program.