The market in bond market securities, also known as the fixedincome market, is incredibly large and diverse, and one that plays an irreplaceable part in global economic development. The vast majority of securities in the world today are debt instruments, with outstanding volume estimated at more than $10 trillion. Fixed-Income Securities and Derivatives Handbook provides a concise and accessible description of the main elements of the markets, concentrating on the instruments used and their applications. As it has been designed to be both succinct and concise, the major issues are introduced and described, and where appropriate certain applications are also analyzed
