This textbook is a concise, practice driven guide for anyone looking to build a solid foundation in bonds—students, new analysts, career switchers, or self taught investors. Starting with the time value of money, it moves logically through today's landscape of government, corporate, and securitized debt, always linking each concept to real-world decisions. Every chapter blends clear explanation with worked examples and problem sets, then provides step-by-step instructions for solving them in Excel and on a financial calculator.