Each new chapter of the Second Edition covers an aspect of the
fixed income market that has become relevant to investors but is
not covered at an advanced level in existing textbooks. This is
material that is pertinent to the investment decisions but is not
freely available to those not originating the products. Professor
Choudhry's method is to place ideas into contexts in order to keep
them from becoming too theoretical. While the level of mathematical
sophistication is both high and specialized, he includes a brief
introduction to the key mathematical concepts. This is a book on
the financial markets, not mathematics, and he provides few
derivations and fewer proofs. He draws on both his personal
experience as well as his own research to bring together subjects
of practical importance to bond market investors and analysts.
General
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