Affine term structure models; Bond return distributions; Corporate bonds; Credit rating; Fixed income portfolios …Besides the introduction, the thesis is organized in two parts. Part I assumes a bond investor with μ-σ preferences … 4 assesses the statistical distribution of daily EMU bond returns for the period 1999 to 2012. …

Introduction -- The Time Value of Money -- The Flat Yield Curve Concept -- The Internal Rate of Return for a Bond …This book analyses and discusses bonds and bond portfolios. Different yields and duration measures are investigated for … negative and positive interest rates. The transition from a single bond to a bond portfolio leads to the equation for the …