Fixed-Income Synthetic Assets: Packaging, Pricing, and Trading Strategies for Financial Professionals
From A-tranche collateralized mortgage obligations to zero coupon bonds, readers are guided through a variety of innovative structures. Covers all instruments used in conjunction with debt--futures, floating rate notes, options, mortgage-backed securities, ``strips'', T-bills and more. Provides a slew of effective techniques for packaging, pricing and managing synthetic products for today's financial markets.