Moorad Choudhry

Wiley Asia 2004

Moorad Choudhry' book on credit derivatives and synthetic securitisation has just been published by John Wiley (Asia). The book features a Foreword from Professor Darrell Duffie of Stanford University. This book covers all the latest developments in synthetic structures, including TRS funding trades, single-tranche CDOs and synthetic ABCP conduits. Moorad's article on Equity Default Swaps is available elsewhere on this website This extract from chapters 2 and 5 of the book appeared in the July 2004 edition of FOW magazine and is available here.

Moorad Choudhry

Butterworth Heinemann 2004

A compact reference on the worlds corporate debt markets, covering bond basics, Eurobonds, MTNs and hybrid products, plus a guide to yield curve analysis and interpretation. The book also describes the latest structuured finance instruments, including CDOs, Credit-Linked Notes and Covered Bonds.

Moorad Choudhry

Wiley Asia 2004

The "money markets" is the term used to describe the market in short-term (0-12 months) debt capital. This book is a practical handbook describing the instruments, applications and analytical techniques used in the markets and is aimed at market practitioners. These include those lending capital (banks, other financial institutions, plus lending arms of corporates such as Ford Motor Credit), those using capital (banks, corporates, governments,) and intermediaries in the market (banks, brokers, etc).

This book covers description, analysis, trading, and calculation for several major markets around the world and there are worked examples and exercises throughout. A valuable feature of the book is that it deals with related topics that one normally needs to buy separate books to cover: so for example, there is an in-depth level treatment of repo markets, asset & liability management, banking regulatory capital and banking liquidity. The book also deals with off-balance sheet (derivatives) money market products, such as futures, FRAs, short-dated swaps PLUS the latest developments not covered in current text books, such as overnight-index swaps (OIS) and synthetic ABCP conduits. Written with clarity in mind, this book is vital reading for anyone with an interest in the global money markets.

Moorad Choudhry

Wiley Asia 2004

Repo, from sale and repurchase agreement, is one for the oldest and widely used instruments in global capital markets. It is a vital ingredient in the smooth and efficient running of the financial markets, and is used by all market participants including central banks, commercial banks, fund managers and corporates.

This book is a comprehensive, detailed and authoritative description of the repo instrument. Written by a former repo trader, it covers applications and analysis of the various different instruments used in the repo markets. It also places the repo markets in the overall context of the money markets and banking asset-liability management.

Moorad Choudhry

Wiley Asia 2004

This book is a comprehensive and in-depth account of the global debt capital markets. It covers a wide range of instruments and their applications, including derivative instruments. Highlights of the book include:

 

 

Moorad Choudhry

 

Wiley Asia 2005

 

Bank Asset and Liability Management is a reference book for those involved, or becoming involved in, or becoming involved in, commercial banking and/or money markets. It describes products and the art of ALM, which includes money markets trading, risk management (including interest-rate risk and credit risk), regulatory capital management, and securitization.