Introduction to the Bond Markets

This book gives an introduction to the bond markets to readers who have an interest in understanding what they are, how they work, and how they can be used, but do not want to be intimidated by mathematical formulae. This is achieved by relegating most of the mathematical formulae to an appendix and supplementing the book with an interactive website. The book describes the different types of bonds including fixed-rate, floating-rate and index-linked bonds and many of their variants, together with how they are priced and valued. It provides an introduction to the repo, swaps, futures and derivatives markets, describes how yield curves may be used and discusses the appropriateness of different investment strategies.Brown, Patrick J. is the author of 'Introduction to the Bond Markets ' with ISBN 9780470015834 and ISBN 0470015837.