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Informationen zum Autor Since 1961! Dr Dimitris N. Chorafas has advised financial institutions and industrial corporations in strategic planning! risk management! computers and communications systems! and internal controls. A graduate of the University of California! Los Angeles! the University of Paris! and the Technical University of Athens! Dr Chorafas has been a Fulbright scholar. Financial institutions which have sought his assistance include the Union Bank of Switzerland! Bank Vontobel! CEDEL! the Bank of Scotland! Credit Agricole! sterreichische L nderbank (Bank Austria)! First Austrian Bank! Commerzbank! Dresdner Bank! Mid-Med Bank! Demir Bank! Banca Nazionale dell'Agricoltura! Istituto Bancario Italiano! Credito Commerciale and Banca Provinciale Lombarda. Among multinational corporations Dr Chorafas has worked as consultant to top management! are: General Electric-Bull! Univac! Honeywell! Digital Equipment Corp! Olivetti! Nestl ! Omega! Italcementi! Italmobiliare! AEG-Telefunken! Olympia! Osram! Antar! Pechiney! the American Management Association and host of other client firms in Europe and the United States. Dr Chorafas has served on the faculty of the Catholic University of America and as visiting professor at Washington State University! George Washington University! University of Vermont! University of Florida! and Georgia Institute of Technology. Also! the University of Alberta! Ecole d'Etudes Industrielles de l'Universit de Gen ve! and Technical University of Karlsruhe. More than 6!000 banking! industrial and government executives have participated in his seminars in the United States! England! Germany! other European countries! Asia and Latin America. Klappentext Written for managers and professionals in business and industry! and using a minimum of mathematical language! The Management of Bond Investments and the Trading of Debt addresses three key issues: Bondholders options! risks and rewards in making investments in debt instruments; The dynamics of inflation! and how they affect both trading in the bond market! and investment decisions; and The democratization of lending! socialization of risk! and effect of the global economy on the bond market. Financial expert Dimitris Chorafas discusses these issues in straightforward language for managers and professionals in commercial banks! securities houses! financial services companies! merchandising firms! manufacturing companies! and consulting firms! placing the mathematical treatment of the issues in the appendices! available for study but not necessary for understanding the business issues addressed in the book. Focuses on new issues of central importance in bond and debt trading today Uses clear! straightforward language for managers and professionals in business and industry! with mathematical treatment provided in appendices Thorough treatment of operational risk new to books on this topic Zusammenfassung Written for managers and professionals in business and industry! and using a minimum of mathematical language! this title addresses issues such as bondholder's options! risks and rewards in making investments in debt instruments; and the dynamics of inflation! and how they affect both trading in the bond market! and investment decisions. Inhaltsverzeichnis Part One: The Dynamics Of Debt! Leverage! And Globalization: Ch. 1: Democratization Of Lending And Socialization Of Risk; Ch 2: Trading Debt In A Globalized Economy; Part Two: The Bondholders Options! Risks And Rewards;Chapter 3: Bonds Defined; Chapter 4: Convertible Bonds! Zero Bonds! Junk Bonds! Strips! And Other Bonds; Chapter 5: Choosing Bonds Chapter 6: Bank Loans And Securitization; Part Three: Interest Rates! Yields! And Duration: Ch 7: The Dynamics Of Interest Rates; Ch 8: Inflation Indexing And Impact Of Government Deficits; Ch 9: Bond Yields and Benchmark Governme...