Hulle, Cynthia Van

The Handbook of Hybrid Securities: Convertible Bonds, CoCo Bonds and Bail-In

Hulle, Cynthia Van - The Handbook of Hybrid Securities: Convertible Bonds, CoCo Bonds and Bail-In, ebook


Ebook, ePUB with Adobe DRM
ISBN: 9781118450024
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Printing122 pages with an additional page accrued every 6 hours, capped at 122 pages
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Introducing a revolutionary new quantitative approach to hybrid securities valuation and risk management

To an equity trader they are shares. For the trader at the fixed income desk, they are bonds (after all, they pay coupons, so what's the problem?). They are hybrid securities. Neither equity nor debt, they possess characteristics of both, and carry unique risks that cannot be ignored, but are often woefully misunderstood. The first and only book of its kind, The Handbook of Hybrid Securities dispels the many myths and misconceptions about hybrid securities and arms you with a quantitative, practical approach to dealing with them from a valuation and risk management point of view.

  • Describes a unique, quantitative approach to hybrid valuation and risk management that uses new structural and multi-factor models
  • Provides strategies for the full range of hybrid asset classes, including convertible bonds, preferreds, trust preferreds, contingent convertibles, bonds labeled "additional Tier 1," and more
  • Offers an expert review of current regulatory climate regarding hybrids, globally, and explores likely political developments and their potential impact on the hybrid market
  • The most up-to-date, in-depth book on the subject, this is a valuable working resource for traders, analysts and risk managers, and a indispensable reference for regulators

Keywords: Financial Engineering, securities, equities, equities trading, equities trading strategies, fixed income instruments, fixed income trading, securities valuation, securities valuation models, fixed income valuation models, securities valuation modeling, securities valuation modelling, fixed income valuation modeling, fixed income valuation modelling, risk analysis, quantitative risk analysis, quantitative risk modelling, quantitative risk modeling, bond valuation, bond valuation models, bond valuation modeling, bond valuation modelling, hybrid securities, hybrid securities trading, hybrid securities investing, valuing hybrid securities, hybrid securities risk analysis, hybrid securities quantitative risk analysis, hybrid securities risk, managing hybrid security risk, hybrid securities risk models, modeling hybrid securities risk, modelling hybrid securities risk

John Wiley and Sons, Inc.
Publication year
The Wiley Finance Series
Page amount
408 pages
Printed ISBN

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