H. Kent Baker, CFA, CMA, is a University Professor of Finance in the Kogod School of Business at American University. He is an award-winning author/editor of 31 books and more than 180 refereed articles. Professor Baker holds a BSBA from Georgetown University; M.Ed., MBA, and DBA degrees from the University of Maryland; and an MA, MS, and two PhDs from American University. Greg Filbeck, CFA, FRM, CAIA, CIPM, and PRM, is a Samuel P. Black III Professor of Finance and Risk Management at Penn State Behrend and serves as the Director for the Black School of Business. Professor Filbeck has authored or edited 10 books and published more than 95 refereed academic journal articles. He received a BS from Murray State University; an MS from Penn State University, and a DBA (finance) from the University of Kentucky.Andrew C. Spieler, CFA, FRM and CAIA, is a Professor of Finance in the Frank G. Zarb School of Business at Hofstra University. Professor Spieler has authored over 40 scholarlyarticles and book chapters. In addition, he has received two "Researcher of the Year" and two "Teacher of the Year" awards. He received a BS from Binghamton University, MBA from Binghamton University, MS from Indiana University and PhD from Binghamton University.

For scholars, teachers, students, and investors, Debt Markets and Investments is a comprehensive yet accessible guide to all types of debt securities and the markets in which they trade. I'm already revising lecture notes for my MBA-level investments course to reflect insights from this volume.

• Table of Contents Chapter 1: Debt Markets and Investments: An OverviewH. Kent Baker, Greg Filbeck, Andrew C. Spieler Chapter 2: Debt Fundamentals and IndicesRyan J. Dodge, Steven T. Petra, Andrew C. Spieler Chapter 3: Interest Rate Risk, Measurement, and ManagementTom Barkley Chapter 4: Other Risks Associated with Debt SecuritiesRandolph D. Nordby Chapter 5: Government DebtKeith Pareti, Rob Kennedy Chapter 6: Municipal Bonds Xiaohu Deng, Christopher Goebert, Gershon Morgulis, Isaac Yates Chapter 7: Corporate Bond MarketsKelly E. Carter Chapter 8: Securitized Debt MarketsSenay Agca, Saiyid S. Islam Chapter 9: Derivatives MarketsHalil Kiymaz, Koray D. Simsek Chapter 10: Short-Term Funding and Financing AlternativesBenjamin Aguilar, Alit Jain, Kevin Neaves Chapter 11: Private Debt MarketsDouglas Cumming, Grant Fleming, Zhangxin (Frank) Liu Chapter 12: Yield Curves, Swap Curves, and Term Structure of Interest RatesTom P. Davis, Dmitri Mossessian Chapter 13: Models of the Yield Curve and Term StructureTom P. Davis, Dmitri Mossessian Chapter 14: International BondsSoutonnoma Ouedraogo, David Scofield, Garrett C. Smith Chapter 15: Floating Rate NotesAby Abraham, John Casares, Jibran Ali Shah Chapter 16: Bonds with Embedded OptionsChristopher J. Barnes, Gaurav Gupta, Joseph F. Abinanti Chapter 17: Bond Mutual Funds, Closed-end Bond Funds, and Exchange-Traded FundsHalil Kiymaz, Koray D. Simsek Chapter 18: Other Bond Products: Social Impact Bonds, Death Bonds, Catastrophe Bonds, Green Bonds, and Covered BondsErik Devos, Robert Karpowicz, Andrew C. Spieler Chapter 19: Inflation-Linked BondsJohn Lettieri, Gerald O'Donnell, Seow-eng Ong, Desmond Tsang Chapter 20: Securitization ProcessMark Ferguson, Joseph McBride, Kevin Tripp Chapter 21: Mortgage-Backed SecuritiesMingwei Liang, Milena Petrova Chapter 22: Asset-Backed SecuritiesMassimo Guidolin, Manuela Pedio Chapter 23: Collateralized Debt Obligations, Collateralized Bond Obligations, and Collateralized Loan ObligationsRobert Eckrote, Christopher Milliken, Eshan Nikbakht, Andrew C. Spieler Chapter 24: Factors Affecting Bond Pricing and ValuationMark Wu, Xiang Gao, Bob Wieczorek Chapter 25: Valuing and Analyzing Bond with Embedded OptionsYiying Cheng Chapter 26: Valuing and Analyzing Mortgage-Backed and Asset-Backed SecuritiesMatthew Dyer Chapter 27: Valuing and Analyzing Fixed Income DerivativesKoray D. Simsek, Halil Kiymaz Chapter 28: Credit Analysis and RatingsPeter Dadalt, Michael Gueli, Rafay Khalid, Ling Zhang Chapter 29: Bond AuctionsMark Wu, Patrick Herb, Shishir Paudel Chapter 30: Bond AccountingOluwa Seyi Adebayo Awoga Chapter 31: High Yield Bonds: Byron C. Barnes, Tony Calenda, Elvis Rodriguez Chapter 32: Distressed DebtSeoyoung Kim Chapter 33: Microstructure of Fixed Income TradingMatthew John Jerabeck, Marc Perkins, David Petruzzellis Chapter 34: Debt Investment StrategiesSteven Cosares, Taylor Riggs, Andrew C. Spieler Chapter 35: Debt Portfolio ManagementZachary Jersky, He Li Chapter 36: Debt Trends and Future OutlookDianna Preece

H. Kent Baker, CFA, CMA, is a University Professor of Finance in the Kogod School of Business at American University. He is an award-winning author/editor of 31 books and more than 180 refereed articles. Professor Baker holds a BSBA from Georgetown University; M.Ed., MBA, and DBA degrees from the University of Maryland; and an MA, MS, and two PhDs from American University. Greg Filbeck, CFA, FRM, CAIA, CIPM, and PRM, is a Samuel P. Black III Professor of Finance and Risk Management at Penn State Behrend and serves as the Director for the Black School of Business. Professor Filbeck has authored or edited 10 books and published more than 95 refereed academic journal articles. He received a BS from Murray State University; an MS from Penn State University, and a DBA (finance) from the University of Kentucky.Andrew C. Spieler, CFA, FRM and CAIA, is a Professor of Finance in the Frank G. Zarb School of Business at Hofstra University. Professor Spieler has authored over 40 scholarlyarticles and book chapters. In addition, he has received two "Researcher of the Year" and two "Teacher of the Year" awards. He received a BS from Binghamton University, MBA from Binghamton University, MS from Indiana University and PhD from Binghamton University.

For scholars, teachers, students, and investors, Debt Markets and Investments is a comprehensive yet accessible guide to all types of debt securities and the markets in which they trade. I'm already revising lecture notes for my MBA-level investments course to reflect insights from this volume.

• Table of Contents Chapter 1: Debt Markets and Investments: An OverviewH. Kent Baker, Greg Filbeck, Andrew C. Spieler Chapter 2: Debt Fundamentals and IndicesRyan J. Dodge, Steven T. Petra, Andrew C. Spieler Chapter 3: Interest Rate Risk, Measurement, and ManagementTom Barkley Chapter 4: Other Risks Associated with Debt SecuritiesRandolph D. Nordby Chapter 5: Government DebtKeith Pareti, Rob Kennedy Chapter 6: Municipal Bonds Xiaohu Deng, Christopher Goebert, Gershon Morgulis, Isaac Yates Chapter 7: Corporate Bond MarketsKelly E. Carter Chapter 8: Securitized Debt MarketsSenay Agca, Saiyid S. Islam Chapter 9: Derivatives MarketsHalil Kiymaz, Koray D. Simsek Chapter 10: Short-Term Funding and Financing AlternativesBenjamin Aguilar, Alit Jain, Kevin Neaves Chapter 11: Private Debt MarketsDouglas Cumming, Grant Fleming, Zhangxin (Frank) Liu Chapter 12: Yield Curves, Swap Curves, and Term Structure of Interest RatesTom P. Davis, Dmitri Mossessian Chapter 13: Models of the Yield Curve and Term StructureTom P. Davis, Dmitri Mossessian Chapter 14: International BondsSoutonnoma Ouedraogo, David Scofield, Garrett C. Smith Chapter 15: Floating Rate NotesAby Abraham, John Casares, Jibran Ali Shah Chapter 16: Bonds with Embedded OptionsChristopher J. Barnes, Gaurav Gupta, Joseph F. Abinanti Chapter 17: Bond Mutual Funds, Closed-end Bond Funds, and Exchange-Traded FundsHalil Kiymaz, Koray D. Simsek Chapter 18: Other Bond Products: Social Impact Bonds, Death Bonds, Catastrophe Bonds, Green Bonds, and Covered BondsErik Devos, Robert Karpowicz, Andrew C. Spieler Chapter 19: Inflation-Linked BondsJohn Lettieri, Gerald O'Donnell, Seow-eng Ong, Desmond Tsang Chapter 20: Securitization ProcessMark Ferguson, Joseph McBride, Kevin Tripp Chapter 21: Mortgage-Backed SecuritiesMingwei Liang, Milena Petrova Chapter 22: Asset-Backed SecuritiesMassimo Guidolin, Manuela Pedio Chapter 23: Collateralized Debt Obligations, Collateralized Bond Obligations, and Collateralized Loan ObligationsRobert Eckrote, Christopher Milliken, Eshan Nikbakht, Andrew C. Spieler Chapter 24: Factors Affecting Bond Pricing and ValuationMark Wu, Xiang Gao, Bob Wieczorek Chapter 25: Valuing and Analyzing Bond with Embedded OptionsYiying Cheng Chapter 26: Valuing and Analyzing Mortgage-Backed and Asset-Backed SecuritiesMatthew Dyer Chapter 27: Valuing and Analyzing Fixed Income DerivativesKoray D. Simsek, Halil Kiymaz Chapter 28: Credit Analysis and RatingsPeter Dadalt, Michael Gueli, Rafay Khalid, Ling Zhang Chapter 29: Bond AuctionsMark Wu, Patrick Herb, Shishir Paudel Chapter 30: Bond AccountingOluwa Seyi Adebayo Awoga Chapter 31: High Yield Bonds: Byron C. Barnes, Tony Calenda, Elvis Rodriguez Chapter 32: Distressed DebtSeoyoung Kim Chapter 33: Microstructure of Fixed Income TradingMatthew John Jerabeck, Marc Perkins, David Petruzzellis Chapter 34: Debt Investment StrategiesSteven Cosares, Taylor Riggs, Andrew C. Spieler Chapter 35: Debt Portfolio ManagementZachary Jersky, He Li Chapter 36: Debt Trends and Future OutlookDianna Preece

H. Kent Baker, CFA, CMA, is a University Professor of Finance in the Kogod School of Business at American University. He is an award-winning author/editor of 31 books and more than 180 refereed articles. Professor Baker holds a BSBA from Georgetown University; M.Ed., MBA, and DBA degrees from the University of Maryland; and an MA, MS, and two PhDs from American University. Greg Filbeck, CFA, FRM, CAIA, CIPM, and PRM, is a Samuel P. Black III Professor of Finance and Risk Management at Penn State Behrend and serves as the Director for the Black School of Business. Professor Filbeck has authored or edited 10 books and published more than 95 refereed academic journal articles. He received a BS from Murray State University; an MS from Penn State University, and a DBA (finance) from the University of Kentucky.Andrew C. Spieler, CFA, FRM and CAIA, is a Professor of Finance in the Frank G. Zarb School of Business at Hofstra University. Professor Spieler has authored over 40 scholarlyarticles and book chapters. In addition, he has received two "Researcher of the Year" and two "Teacher of the Year" awards. He received a BS from Binghamton University, MBA from Binghamton University, MS from Indiana University and PhD from Binghamton University.

For scholars, teachers, students, and investors, Debt Markets and Investments is a comprehensive yet accessible guide to all types of debt securities and the markets in which they trade. I'm already revising lecture notes for my MBA-level investments course to reflect insights from this volume.

• Table of Contents Chapter 1: Debt Markets and Investments: An OverviewH. Kent Baker, Greg Filbeck, Andrew C. Spieler Chapter 2: Debt Fundamentals and IndicesRyan J. Dodge, Steven T. Petra, Andrew C. Spieler Chapter 3: Interest Rate Risk, Measurement, and ManagementTom Barkley Chapter 4: Other Risks Associated with Debt SecuritiesRandolph D. Nordby Chapter 5: Government DebtKeith Pareti, Rob Kennedy Chapter 6: Municipal Bonds Xiaohu Deng, Christopher Goebert, Gershon Morgulis, Isaac Yates Chapter 7: Corporate Bond MarketsKelly E. Carter Chapter 8: Securitized Debt MarketsSenay Agca, Saiyid S. Islam Chapter 9: Derivatives MarketsHalil Kiymaz, Koray D. Simsek Chapter 10: Short-Term Funding and Financing AlternativesBenjamin Aguilar, Alit Jain, Kevin Neaves Chapter 11: Private Debt MarketsDouglas Cumming, Grant Fleming, Zhangxin (Frank) Liu Chapter 12: Yield Curves, Swap Curves, and Term Structure of Interest RatesTom P. Davis, Dmitri Mossessian Chapter 13: Models of the Yield Curve and Term StructureTom P. Davis, Dmitri Mossessian Chapter 14: International BondsSoutonnoma Ouedraogo, David Scofield, Garrett C. Smith Chapter 15: Floating Rate NotesAby Abraham, John Casares, Jibran Ali Shah Chapter 16: Bonds with Embedded OptionsChristopher J. Barnes, Gaurav Gupta, Joseph F. Abinanti Chapter 17: Bond Mutual Funds, Closed-end Bond Funds, and Exchange-Traded FundsHalil Kiymaz, Koray D. Simsek Chapter 18: Other Bond Products: Social Impact Bonds, Death Bonds, Catastrophe Bonds, Green Bonds, and Covered BondsErik Devos, Robert Karpowicz, Andrew C. Spieler Chapter 19: Inflation-Linked BondsJohn Lettieri, Gerald O'Donnell, Seow-eng Ong, Desmond Tsang Chapter 20: Securitization ProcessMark Ferguson, Joseph McBride, Kevin Tripp Chapter 21: Mortgage-Backed SecuritiesMingwei Liang, Milena Petrova Chapter 22: Asset-Backed SecuritiesMassimo Guidolin, Manuela Pedio Chapter 23: Collateralized Debt Obligations, Collateralized Bond Obligations, and Collateralized Loan ObligationsRobert Eckrote, Christopher Milliken, Eshan Nikbakht, Andrew C. Spieler Chapter 24: Factors Affecting Bond Pricing and ValuationMark Wu, Xiang Gao, Bob Wieczorek Chapter 25: Valuing and Analyzing Bond with Embedded OptionsYiying Cheng Chapter 26: Valuing and Analyzing Mortgage-Backed and Asset-Backed SecuritiesMatthew Dyer Chapter 27: Valuing and Analyzing Fixed Income DerivativesKoray D. Simsek, Halil Kiymaz Chapter 28: Credit Analysis and RatingsPeter Dadalt, Michael Gueli, Rafay Khalid, Ling Zhang Chapter 29: Bond AuctionsMark Wu, Patrick Herb, Shishir Paudel Chapter 30: Bond AccountingOluwa Seyi Adebayo Awoga Chapter 31: High Yield Bonds: Byron C. Barnes, Tony Calenda, Elvis Rodriguez Chapter 32: Distressed DebtSeoyoung Kim Chapter 33: Microstructure of Fixed Income TradingMatthew John Jerabeck, Marc Perkins, David Petruzzellis Chapter 34: Debt Investment StrategiesSteven Cosares, Taylor Riggs, Andrew C. Spieler Chapter 35: Debt Portfolio ManagementZachary Jersky, He Li Chapter 36: Debt Trends and Future OutlookDianna Preece