000			01441 a2200205 4500
005			20181217152938.0
008			181213b xxu||||| |||| 00| 0 eng d
020			_a9781107165854
040			_cIIT Kanpur
041			_aeng
082			_a658.15 _bR24b
100			_aRebonato, Riccardo
245			_aBond pricing and yield-curve modelling _ba structural approach _cRiccardo Rebonato
260			_aCambridge _bCambridge University Press _c2018
300			_axxvii, 752p
520			_aIn this book, well-known expert Riccardo Rebonato provides the theoretical foundations (no-arbitrage, convexity, expectations, risk premia) needed for the affine modeling of the government bond markets. He presents and critically discusses the wealth of empirical findings that have appeared in the literature of the last decade, and introduces the 'structural' models that are used by central banks, institutional investors, sovereign wealth funds, academics, and advanced practitioners to model the yield curve, to answer policy questions, to estimate the magnitude of the risk premium, to gauge market expectations, and to assess investment opportunities. Rebonato weaves precise theory with up-to-date empirical evidence to build, with the minimum mathematical sophistication required for the task, a critical understanding of what drives the government bond market.
650			_aYield-curve modeling
650			_aQuips and quotes
942			_cBK
999			_c559896 _d559896