Capital Markets: Institutions and Instruments (3rd Edition)

Author: Fabozzi
Publisher:
Publish Date: 2004-08-01
Features: This is the representative work of Franco Modigliani, the 1985 Nobel Prize in Economics laureate. This book is suitable for courses on 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 control 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 the U.S. financial markets, but it also interweaves descriptions of other major financial markets throughout. This book can serve as a textbook for investment banking courses or as a supplementary textbook for derivatives markets courses.