- Hardcover: 574 pages
- Publisher: McGraw-Hill Professional (1 May 1999)
- Language English
- ISBN-10: 0070067864
- ISBN-13: 978-0070067868
- Product Dimensions: 23 x 16.2 x 3.8 cm
- Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
- Amazon Bestsellers Rank: 1,227,629 in Books (See Top 100 in Books)
- See Complete Table of Contents
Did you know you can trade in your old books for an Amazon.co.uk Gift Card to spend on the things you want? Plus, get an extra £5 Gift Certificate when you trade in books worth £10 or more before June 30, 2012. Visit the Books Trade-In Store for more details. |
Product details |
Product Description
Product Description
HIGH-YIELD BONDS provides state-of-the-art research, strategies, and toolsÑalongside the expert analysis of respected authorities including Edward Altman of New York UniversityÕs Salomon Center, Lea Carty of MoodyÕs Investor Service, Sam DeRosa-Farag of Donaldson, Lufkin & Jenrette, Martin Fridson of Merrill Lynch & Company, Stuart Gilson of Harvard University, Robert Kricheff of CS First Boston, and Frank Reilly of the University of Notre DameÑto help you truly understand todayÕs high-yield market. Let it act as your on-call investment advisor in this risky, highly profitable market.
Book Description
High yield bonds are exploding in popularity among professional investors. Offering higher yields than conventional bonds, high-yield bonds are enormously attractive to pension funds, banks, and other institutional investors. Since 1993, the market has nearly doubled from $235 billion to over $400 billion in outstanding issues. High-Yield Bonds is the most comprehensive and authoritative book ever published on this burgeoning market. The book features contributions from investment luminaries from both Wall Street and the academic world, such as Martin Fridson of Merrill Lynch, Robert Kricheff of CS First Boston, and Frank Reilly of Notre Dame. The book will deal with every aspect of the high-yield market, and will function as an educational tool, a reference, and a source for information on the latest research and strategies.
Inside This Book
(Learn More)
First Sentence
The modern high yield market began in the 1980s. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
The modern high yield market began in the 1980s. Read the first page
Explore More
Concordance
Browse Sample PagesConcordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Tag this product(What's this?)Think of a tag as a keyword or label you consider is strongly related to this product.
Tags will help all customers organise and find favourite items. |
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Customer Reviews
Most Helpful Customer Reviews
Format:Hardcover
I have had the privilege of reading the galley proofs of this book and find it to be THE definitive word on High Yield Investing. This book develops the blueprint for how to navigate, understand, and analyze High Yield Bonds. A must for MBA students, a requirement for anyone in the field already, and a vital tool for investors.
The book's three authors (The George Washington University Business School, Georgetown Business School, and 20+ years High Yield Experience) have used their knowledge and connections to get the best information available.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
5 reviews
31 of 37 people found the following review helpful
The Best Guide Book to High Yield Bonds Ever
6 Jan 1999
Format:Hardcover
I have had the privilege of reading the galley proofs of this book and find it to be THE definitive word on High Yield Investing. This book develops the blueprint for how to navigate, understand, and analyze High Yield Bonds. A must for MBA students, a requirement for anyone in the field already, and a vital tool for investors.
The book's three authors (The George Washington University Business School, Georgetown Business School, and 20+ years High Yield Experience) have used their knowledge and connections to get the best information available
2 of 2 people found the following review helpful
The best HY Omnibus book so far.
11 Jan 2007
Format:Hardcover|Amazon Verified Purchase
This is an excellent book that is now showing its age and needs an update. It also lacks a CDROM with data sets which would make more explicit many of the points authors make. In addition, Drexel Burnham Lambert, like Banquo's ghost, is alluded to on nearly every other page, yet the authors here are hesitant to differentiating between high yield bonds (non-investment grade debt) and junk (anything issued by Michael Milken).
This work also glaringly lacks some crucial work by Paul Asquith on seasoned high yield bond defaults. Don't stop here.
This work also glaringly lacks some crucial work by Paul Asquith on seasoned high yield bond defaults. Don't stop here.
High Yield Bonds - High Quality Book from 1998
25 April 2009
Format:Hardcover|Amazon Verified Purchase
High Yield Bonds - High Quality Book from 1998. This great book gives empirical evidence to answer many questions. Quite thoroughly. Subjects covered include:
Who buys high yield bonds? Insurance companies and mutual funds are the biggest buyers....
How big are default rates? Average about 3.5% a year....
How stable are bond ratings? About 5% go up or down in ratings every year. Most stay the same....
Many more subjects covered well....
The main problem that I had with the book is that it is not up to date; it was written in 1998.
Bernard E. Scoville
Who buys high yield bonds? Insurance companies and mutual funds are the biggest buyers....
How big are default rates? Average about 3.5% a year....
How stable are bond ratings? About 5% go up or down in ratings every year. Most stay the same....
Many more subjects covered well....
The main problem that I had with the book is that it is not up to date; it was written in 1998.
Bernard E. Scoville
Were these reviews helpful?
Let us know
Listmania!
Look for similar items by category
Look for similar items by subject
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
