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portada Interest Rate Modelling
Type
Physical Book
Author
Publisher
Language
English
Pages
275
Format
Paperback
Dimensions
23.4 x 15.6 x 1.5 cm
Weight
0.41 kg.
ISBN13
9781349517329
Categories

Interest Rate Modelling

S. Svoboda (Author) · Palgrave MacMillan · Paperback

Interest Rate Modelling - Svoboda, S.

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Synopsis "Interest Rate Modelling"

Growth in the derivatives market has brought with it a greater volume and range of interest rate dependent products. These products have become increasingly innovative and complex to price, requiring sophisticated market models that capture the full dynamics of the yield curve. A study of the evolution of interest rate modelling theory places these models in the correct mathematical context, allowing appreciation of their key assumptions, concepts and implications. The book guides the practitioner through the derivation and implementation of a variety of models that account for the characteristics and irregularities of observed term structures.

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