'Callable bond' presentation slideshows

CHAPTER 9

CHAPTER 9. Binomial Interest Rate Trees and the Valuation of Bonds with Embedded Options. Binomial Interest Rate Tree. The inclusion of option features in a bond contract makes the evaluation of such bonds more difficult.

1.11k views • 83 slides

Debt underwriting and bonds

Debt underwriting and bonds. A bond is an instrument issued for a period of more than one year with the purpose of raising capital by borrowing Debt underwriting includes the underwriting of: Government securities Corporate bonds

1.38k views • 59 slides

B40.2302 Class #6

B40.2302 Class #6. BM6 chapters 14.4, 24, 22.1-22.3, 25.1, 23 14.4, 24, 22.1-22.3, 25.1: debt varieties 23: debt valuation Based on slides created by Matthew Will Modified 10/18/2001 by Jeffrey Wurgler. Principles of Corporate Finance Brealey and Myers Sixth Edition.

744 views • 57 slides

Debt underwriting and bonds

Debt underwriting and bonds. A bond is an instrument issued for a period of more than one year with the purpose of raising capital by borrowing Debt underwriting includes the underwriting of: Government securities Corporate bonds

387 views • 36 slides

Chapter 6

Chapter 6. Bond Markets. Bond and Bond Markets. Capital markets involve equity and debt instruments with maturities of more than one year Bonds are long-term debt obligations issued by corporations and government units Bond markets are markets in which bonds are issued and traded

572 views • 30 slides

Chapter 6

Chapter 6. Bond Markets. Bond and Bond Markets. Capital markets involve equity and debt instruments with maturities of more than one year Bonds are long-term debt obligations issued by corporations and government units Bond markets are markets in which bonds are issued and traded

427 views • 30 slides

Financial Risk Management of Insurance Enterprises

346 views • 25 slides

Chapter 19

Lecture Presentation Software to accompany Investment Analysis and Portfolio Management Seventh Edition by Frank K. Reilly & Keith C. Brown. Chapter 19. The Analysis and Valuation of Bonds. Additional Comments. Types of Bond Yields. Yield Measure Purpose. Nominal Yield.

460 views • 24 slides

Corporate bonds

190 views • 17 slides

Callable Bonds and Valuation

A callable bond is a bond in which the issuer has the right to call the bond at specified times from the investor for a specified price. At each callable date prior to the bond maturity, the issuer may recall the bond from its investor by returning the investor’s money. The underlying bonds can be fixed rate bonds or floating rate bonds. A callable bond can therefore be considered a vanilla underlying bond with an embedded Bermudan style option. Callable bonds protect issuers. Therefore, a callable bond normally pays the investor a higher coupon than a non-callable bond. This presentation gives an overview of callable bond and valuation model. You can find more information at http://www.finpricing.com/lib/FiCallableBond.html

205 views • 13 slides

Callable Bond and Vaulation Dmitry Popov FinPricing http: //finpricing

Callable Bond and Vaulation Dmitry Popov FinPricing http: //www.finpricing.com. Callable Bond. Summary Callable Bond Definition The Advantages of Callable Bonds Callable Bond Payoffs Valuation Model Selection Criteria LGM Model LGM Assumption LGM calibration Valuation Implementation

164 views • 13 slides