Bonds: An Introduction to the Core Concepts

Praise For Bonds

"An excellent introduction to the most important asset class in financial markets. A worthy text from Dr. Mobius that provides a focused description of all the pertinent issues for bond investors in his trademark accessible style."
--Professor Moorad Choudhry Department of Mathematical Sciences, Brunel University, and author of The Principles of Banking

"Books about bonds aimed at a private investor readership are in short supply. This clear, logical guide from an acknowledged master investor should be read by any investor wanting to make fixed income stocks the cornerstone of his or her portfolio."
--Peter Temple financial journalist and author of Magic Numbers and Magic Numbers for Bonds and Derivatives

"In times when Black Swan events seem to manifest themselves in financial crises with an increasing frequency, it is helpful to understand how the bond markets work, not only in a global big picture, context, but also with regard to investors' asset allocation preferences. Bonds: An Introduction to the Core Concepts provides broad and useful insight into all the key aspects of this asset class, its products, issuer and investor types, ratings considerations as well as investment strategies and portfolio building. Refreshingly written, this book differentiates itself from the conventional yet often intimidating mathematical approach to analyzing bond matters."
--Florian Schmidt Managing Director, Debt Capital Markets, Asia, ING, and author of A Guide to Asian High Yield Bonds