Quantitative Finance with Python: A Deep Dive into Financial Modelling and Analysis (Python for Finance Book 5) by Van Der Post Hayden

Author:Van Der Post, Hayden
Language: eng
Format: epub
Published: 2023-10-12T00:00:00+00:00

Chapter 6: Fixed Income Analytics

Introduction to Fixed Income Securities

Venture into the world of fixed income securities – a world many regard as the predictable powerhouse of modern finance. Imagine an artist, paintbrush poised over a canvas of future certainty. This artist is the fixed income security, its strokes forming the promise of regular interest returns and the return of principal amount at maturity.

The term 'fixed income securities' refers broadly to any type of investment that yields a regular or 'fixed' return. These are primarily bonds - including government, municipal, and corporate bonds - but the realm of fixed income is diverse, encompassing money market instruments, preferred stock, and structured products.

The allure of these securities is their predictability. Upon investing, you know the amount of income (interest) you will receive and when you'll receive it – usually semi-annually or annually. Predictability gives these securities their secure appeal, fitting as a prime choice for investors looking for a steady income stream and lower investment risks.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.