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Journal Of Fixed Income
''The Journal of Fixed Income'' is a quarterly academic journal that covers quantitative research on fixed income instruments: mortgage-backed securities, high-yield debt, municipal bonds, corporate bonds, asset-backed securities, and global bonds. Its editor-in-chief is Stanley J. Kon (Smith Breeden Associates) and its founding editor was Douglas T. Breeden (Fuqua School of Business at Duke University). It is published by Euromoney Institutional Investor Delinian (formerly Euromoney Institutional Investor) is a British financial media company that has interests in business and financial publishing and event organisation. , it was one of Europe's largest business and financial information comp .... External links * {{DEFAULTSORT:Journal Of Fixed Income, The Finance journals Academic journals established in 1991 Quarterly journals English-language journals ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euromoney Institutional Investor
Delinian (formerly Euromoney Institutional Investor) is a British financial media company that has interests in business and financial publishing and event organisation. , it was one of Europe's largest business and financial information companies. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by private equity groups, Astorg and Epiris, in November 2022. History Euromoney magazine was founded by Sir Patrick Sergeant in 1969 as an international business-to-business media group focused primarily on the international finance sector. The costs to launch the magazine were covered with £6,000 from Associated Newspapers and £200 from Sergeant himself and a number of other Mail employees, with Hambros Bank putting up stand-by credit. Padraic Fallon joined the magazine as editor. He would takeover as chairman and executive after Sergeant, overseeing the company until his death in 2012. Patrick Sergeant continued to mana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Academic Journal
An academic journal (or scholarly journal or scientific journal) is a periodical publication in which Scholarly method, scholarship relating to a particular academic discipline is published. They serve as permanent and transparent forums for the dissemination, scrutiny, and discussion of research. Unlike professional magazines or Trade magazine, trade magazines, the articles are mostly written by researchers rather than staff writers employed by the journal. They nearly universally require peer review for Research Article, research articles or other scrutiny from contemporaries competent and established in their respective fields. Academic journals trace their origins back to the 17th century. , it is estimated that over 28,100 active academic journals are in publication, with scopes ranging from the general sciences, as seen in journals like ''Science (journal), Science'' and ''Nature (journal), Nature'', to highly specialized fields. These journals publish a variety of articles ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fixed Income
Fixed income refers to any type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example, the borrower may have to pay interest at a fixed rate once a year and repay the principal amount on maturity. Fixed-income securities (more commonly known as bonds) can be contrasted with equity securities (often referred to as stocks and shares) that create no obligation to pay dividends or any other form of income. Bonds carry a level of legal protections for investors that equity securities do not: in the event of a bankruptcy, bond holders would be repaid after liquidation of assets, whereas shareholders with stock often receive nothing. For a company to grow its business, it often must raise money – for example, to finance an acquisition; buy equipment or land, or invest in new product development. The terms on which investors will finance the company will depend on the risk profile of the company. The company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage-backed Security
A mortgage-backed security (MBS) is a type of asset-backed security (an "Financial instrument, instrument") which is secured by a mortgage loan, mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitization, securitizes, or packages, the loans together into a security that investors can buy. Bonds securitizing mortgages are usually treated as a separate class, termed Residential mortgage-backed security, residential; another class is Commercial mortgage-backed security, commercial, depending on whether the underlying asset is mortgages owned by borrowers or assets for commercial purposes ranging from office space to multi-dwelling buildings. The structure of the MBS may be known as pass-through security, "pass-through", where the interest and principal payments from the borrower or homebuyer pass through it to the MBS holder, or it may be more complex, made up of a pool of other MBSs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-yield Debt
In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade by credit rating agencies. These bonds have a higher risk of default or other adverse credit events but offer higher yields than investment-grade bonds to compensate for the increased risk. As of 2024, high-yield bonds have a higher yield than U.S. Treasury securities. Default risk As indicated by their lower credit ratings, high-yield debt entails more risk to the investor compared to investment grade bonds. Investors require a greater yield to compensate them for investing in the riskier securities. In the case of high-yield bonds, the risk is largely that of default: the possibility that the issuer will be unable to make scheduled interest and principal payments in a timely manner.:208 The default rate in the high-yield sector of the U.S. bond market has averaged about 5% over the long term. During the liquidity crisis of 198 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipal Bond
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation. Typically, only investors in the highest tax brackets benefit from buying tax-exempt municipal bonds instead of taxable bonds. Taxable equivalent yield calculations are required to make fair comparisons between the two categories. The U.S. municipal debt market is relatively small compared to the corporate market: total municipal debt outstanding was $4 trillion as of the first quarter of 2021, compared to nearly $15 trillion in the corporate and foreign markets. But conversely, the number of municipal bond issuers (state and local governments and other affiliated entities) far exceeds the number of corporate bond issuers. Local authorities in many other countries in the wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Bond
A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, mergers & acquisitions, or to expand business. It is a longer-term debt instrument indicating that a corporation has borrowed a certain amount of money and promises to repay it in the future under specific terms. Corporate debt instruments with maturity shorter than one year are referred to as commercial paper. Definition A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, mergers & acquisitions, or to expand business. The term sometimes also encompasses bonds issued by supranational organizations (such as European Bank for Reconstruction and Development). Strictly speaking, however, it only applies to those issued by corporations. The bonds of local authorities ( municipal bonds) are not included. Trading Corporate bonds trade in decentralized, dealer-b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset-backed Security
An asset-backed security (ABS) is a Security (finance), security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represent a fraction of the total value of the diverse pool of underlying assets. The pools of underlying assets can vary from common payments on credit cards, auto loans, and mortgage loans, to esoteric cash flows from aircraft leases, royalty payments, or movie revenues. Often a separate institution, called a special-purpose vehicle, is created to handle the securitization of asset-backed securities. The special-purpose vehicle, which creates and sell ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Editor-in-chief
An editor-in-chief (EIC), also known as lead editor or chief editor, is a publication's editorial leader who has final responsibility for its operations and policies. The editor-in-chief heads all departments of the organization and is held accountable for delegating tasks to staff members and managing them. The term is often used at newspapers, magazines, yearbooks, and television news programs. The editor-in-chief is commonly the link between the publisher or proprietor and the editorial staff. Responsibilities Typical responsibilities of editors-in-chief include: * Ensuring that content is journalistically objective * Fact-checking, spelling, grammar, writing style, page design and photos * Rejecting writing that appears to be plagiarized, ghostwritten, published elsewhere, or of little interest to readers * Evaluating and editing content * Contributing editorial pieces * Motivating and developing editorial staff * Ensuring the final draft is complete * Handling reader compl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Douglas Breeden
Douglas T. Breeden is the William W. Priest Professor of Finance and former Dean of the Fuqua School of Business, Duke University. He is best known for establishing the use of state prices in financial economics, and for his work on the Consumption-based capital asset pricing model, Consumption CAPM. He was the International Association for Quantitative Finance “Financial Engineer of the Year 2013”, and was Founding Editor of the ''Journal of Fixed Income''. He holds a Ph.D. in Finance from Stanford and an S.B. in management science, Management Science from M.I.T. References {{DEFAULTSORT:Breeden, Douglas Duke_University_faculty Massachusetts Institute of Technology alumni Stanford University alumni Financial economists Year of birth missing (living people) Living people ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fuqua School Of Business
The Duke University Fuqua School of Business (pronounced ) is the business school of Duke University, a Private university, private research university in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and professional development programs. History Formed in 1969, the Graduate School of Business Administration enrolled its first class of 20 students in 1970. In 1974, Thomas F. Keller, a 1953 Duke graduate, became the graduate school's new dean. In three years, Keller's capital campaign raised $24 million, $10 million of which came from businessman and philanthropist J. B. Fuqua. The graduate school's name was then changed to the Fuqua School of Business. J. B. Fuqua was raised by his grandparents on a tobacco farm in Prince Edward County, Virginia. Fuqua began his relationship with Duke University when he borrowed books by mail from the Duke library. J. B. Fuqua's cumulat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duke University
Duke University is a Private university, private research university in Durham, North Carolina, United States. Founded by Methodists and Quakers in the present-day city of Trinity, North Carolina, Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James Buchanan Duke established the Duke Endowment and the institution changed its name to honor his deceased father, Washington Duke. The campus spans over on three contiguous sub-campuses in Durham, and a Duke University Marine Laboratory, marine lab in Beaufort, North Carolina, Beaufort. The Duke University West Campus, West Campus—designed largely by architect Julian Abele—incorporates Collegiate Gothic in North America, Gothic architecture with the Duke Chapel at the campus' center and highest point of elevation, is adjacent to the Duke University Health System, Medical Center. Duke University East Campus, East Campus, away, home to all first-years, contains Georgian archit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
