Binding: Hardcover
Dewey Decimal Number: 332.632
EAN: 9780070225886
ISBN: 0070225885
Label: McGraw-Hill Companies
Manufacturer: McGraw-Hill Companies
Number Of Items: 1
Number Of Pages: 392
Publication Date: June 14, 1999
Publisher: McGraw-Hill Companies
Sales Rank: 2215850
Studio: McGraw-Hill Companies

---

Related Items:

• After the Trade Is Made, Revised Third Ed.: Processing Securities Transactions
• see more

---

Editorial Review:

Product Description:
Today's most important new asset class -- credit derivatives -- has grown from $5 billion to $50 billion in just one year! The Handbook of Credit Derivatives describes every aspect of these volatile instruments, from their applications in various industries to pricing, accounting and legal questions and what the future holds. It is a clear and complete overview that will give professionals everywhere, from every industry, a complete and intuitive understanding of the credit derivatives marketplace.




Rating: - A Beginning, But No More
This is another book in the Frank Fabozzi vein, being a compendium of articles written by practitioners in the field and loosely strung together by the editors. As a very basic introduction, it is not bad - there are discussions of the rationale for using credit derivatives, a cursory introduction to pricing and modelling, and very general discussions of issues relating to accounting, documentation, taxes, etc. The best chapter is "Credit Derivatives Pricing Dictionary," by Hardy M. Hodges, which ... Read More

---

Rating: - Outdated.....and there are better alternatives available.
Outdated is the only word that comes to my mind when thinking about this book. It has been edited by a finance professor who is painfully slow at solving simple mathematical equations, and I had the misfortune of having him as an instructor in Advanced Investment Analysis class. I later dropped the class, after I couldn't take any more.

Surprisingly, the content of the book is not so bad, except that the authors/editors/compilers have left out the analytical part, which is very essential ... Read More

---

Rating: - The chapter authors are the whos-who of credit derivatives.
Commercial bankers, investment bankers, financial lawyers, finance professors, and (at least) one accountant who were in on the creation of credit derivatives during the mid-1990s author chapters that are non-mathematical. (Well, I guess Harvard Business School Professor Sanjiv Das's credit derivatives pricing chapter is kind of mathematical.) Each chapter author is expert in the aspect of credit derivatives about which they write. Every commercial banker in the world should read up on this subject.

---

Rating: - A mishmash of contributed work. When will they learn?
This is another frustrating book with chapters submitted by various contributers. It's difficult to follow any cohesive logic to this book. Call this a Bible if you consider multiple authors a criterion, but as an information storehouse, this book is no better than reading a series of disconnected magazine articles.

---

Rating: - A must-read for any financial professional!
The authors provide the reader with a reference manual for this new financial product. If you need a "Credit Derivative Bible" -- this is the book you want.

---

Browse for similar items by category:

• Economics - Business & Investing - Subjects - Books - Public Finance
• Finance - Business & Investing - Subjects - Books - General AAS
• Investing - Business & Investing - Subjects - Books - Futures
• Investing - Business & Investing - Subjects - Books - General
• Investing - Business & Investing - Subjects - Books - General AAS