Capital Markets: Institutions and Instruments (3rd Edition)

Author: Fabozzi
Publisher:
Publish Date: 2004-08-01
Features: A masterpiece by Franco Modigliani, the 1985 Nobel Prize in Economics laureate. This book is suitable for courses in capital (financial) markets (institutions), investment banking, and derivatives markets. It comprehensively covers knowledge points in capital markets, detailing financial instruments, participants, and valuation theories through the perfect combination of theory and practice. The book aims to describe the widely used financing, investment, and risk management tools existing in today's financial markets. It introduces the mortgage market and asset securitization, emphasizing the role of foreign investors in the U.S. market. Most of the content discusses U.S. financial markets, but it also interweaves descriptions of other major financial markets throughout. The book can serve as a textbook for investment banking courses or as a supplementary text for derivatives markets courses.