The Ultimate Tourist Guide to Bondistan

Follow a practical route from contract terms to valuation, risk, hedging, and control so you can explain what a fixed-income measure captures—and what it leaves exposed.

Inside, you'll find:

• Cash-flow mapping that turns coupons, principal, settlement terms, and day-count rules into a reproducible pricing foundation

• Yield-curve tools covering spot rates, discount factors, forwards, bootstrapping, slope, curvature, and trade construction

• Risk methods for duration, DV01, key-rate exposure, convexity, nonlinear behavior, and multi-factor stress testing

• Funding mechanics that clarify repo, haircuts, collateral, carry, rolldown, specials, and liquidity pressure

• Futures procedures for conversion factors, delivery baskets, cheapest-to-deliver analysis, basis, and hedge ratios

• Options reasoning that connects premiums with implied volatility, Greeks, skew, structures, and scenario grids

• Credit analysis spanning spread measures, capital structure, covenants, default probability, recovery, and monitoring

• Product chapters on inflation-linked bonds, mortgage-backed securities, interest-rate swaps, and cross-currency basis

• Desk-ready controls for portfolio construction, execution, P&L explain, valuation checks, operational resilience, and post-trade review

Written for analysts, investors, finance students, and practitioners who want applied fixed-income mechanics without losing sight of documentation, units, residual risk, or execution reality. New readers gain a structured foundation; experienced readers gain a compact process for checking assumptions and reconciling results.

Build a fixed-income practice in which every quote can be traced, every risk can be named, and every decision can be tested.