Verzinsliche Wertpapiere, Bewertung und Strategien (German Edition)

This German third edition fixed income investing book provides in-depth analysis of pricing, strategies and derivatives for fixed income securities, including structured fixed income products such as estate backed securities and hedge funds. It provides insight into the yield curve behavior, volatility, interest rate futures and options, swaps, convertibles etc. In light of the financial crisis, it is essential to have a deeper understanding of the workings, opportunities and risks of these sectors. This third edition analyses in details real estate related securities, such as mortgage and asset backed securities, index oriented products (ETF), how hedge funds use fixed income securities and explains the process of securitization.