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Bonds and Other Fixed Income Securities

Bond Fundamentals

  • Nominal and Real Interest Rates; Compounded and Continuously Compounded Interest Rate Formulas
  • The Present Value and Future Value of Money - Compare any investments — not just bonds — by calculating the present value and future value of money.
  • The Present Value and Future Value of an Annuity - An annuity is a series of equal payments made in equal periods of time. Understanding annuities allows one to understand loans, and investments that make periodic payments, such as bonds.
  • Complete Introduction to Bonds
  • Bond Indentures
  • Bond Yields
  • Bond Pricing
  • Investment Risks of Fixed Income Securities
  • Bond Ratings and Credit Risk
  • Volatility of Bond Prices In The Secondary Market
  • Primary Corporate Bond Market
  • Term Structure of interest Rates: the Expectation Hypothesis and the Liquidity Premium Theory
  • Spot Rates, Forward Rates, and Bootstrapping
  • Interest Rate Risk of Bonds; Full-Valuation Approach (aka Scenario Analysis)
  • Duration and Convexity, with Illustrations and Formulas
  • Bond Strategies
  • Bond Funds
  • Taxation of Bond Income
  • Taxation of Options and Convertible Securities

Types of Bonds

  • International Bonds
  • Nonconventional Bonds
  • Convertible Bonds
  • Preferred Stock
  • Fixed Rate Capital Securities (FRCS)
  • Medium-Term Notes
  • Eurobonds

Money Market Instruments

  • Money Market Instruments
  • Certificates of Deposit (CDs)
  • Commercial Paper
  • Repurchase Agreements (Repos)
  • Federal Funds
  • Bankers Acceptances (BAs)

Government Securities

  • Municipal Bonds
  • Types of Municipal Bonds
  • Municipal Bond Markets
  • United States Savings Bonds
  • Agency Bonds and Government-Sponsored Entity (GSE) Bonds
  • United States Treasury Securities: Bills, Notes, Bonds, Treasury-Inflation Protected Securities (TIPS), and STRIPS
  • United States Treasury Auctions
  • Primary Market and Secondary Markets for United States Treasury Securities.

Corporate Bonds

  • Corporate Bonds - An Introduction
  • Corporate Bond Types: Mortgage Bonds, Collateral Trust Bonds, Equipment Trust Certificates (ETCs), Debentures, and Guaranteed Bonds
  • High-Yield Bonds (aka Junk Bonds)

Asset-Backed Securities

  • Asset-Backed Securities (ABS)
  • Asset-Backed Securities (ABS): Structure
  • Prepayment Models For Asset-Backed Securities
  • Asset-Backed Securities (ABS): An Overview of Credit Ratings
  • Asset-Backed Securities (ABS): Credit Analysis
  • Special Purpose Entity (SPE)
  • Credit Enhancements
  • Mortgage-Backed Securities (MBS)
  • Collateralized Mortgage Obligations (CMOs)
  • Collateralized Debt Obligations (CDOs)
  • Covered Bonds
  • Credit Card Asset-Backed Securities
  • Credit Card Asset-Backed Security Structure and Cash Flow Allocations
  • Auto Loan and Auto Lease Asset-Backed Securities
  • Auto Lease ABS; Titling Trust and Residual Risk

Derivatives

  • Derivatives
  • Death Bonds
  • Forward Contracts
  • Interest Rate Swaps and Interest Rate Options
  • Credit Default Swaps (CDS)
  • Overnight Index Swaps (OIS)

Bond Resources

  • Bonds - Links, Articles, Studies, and Resources
  • Bond Formulas

Personal Finance

  • Bankruptcy
    • Chapter 7
    • Chapter 13
    • Chapter 11
  • Credit and Debt
    • Debt Collection
  • Insurance
    • Types of Insurance
      • Auto
      • Homeowner
      • Health
      • Life
  • Real Estate
  • Taxes
    • Income Taxes
    • Personal Deductions and Tax Credits
    • Retirement Plans
    • Gratuitous Transfer Taxes
    • Educational Tax Benefits
    • Taxation of Investments
    • Business Taxes
  • Wills, Estates, and Trusts
    • Wills and Estates
    • Trusts

Investments

  • Investment Fundamentals
  • Investment Funds
  • Banking
  • Bonds
    • Types Of Bonds
      • Government Securities
      • Money Market Instruments
      • Corporate Bonds
      • Asset Backed Securities
  • Forex
  • Futures
  • Options
  • Stocks
    • Stock Indexes
    • Stock Valuation and Financial Ratios
  • Technical Analysis
  • Economics

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Cover of How to Invest in Bonds for Maximum Profit

How to Invest in Bonds for Maximum Profit shows how you can invest in bonds to maximize your profits, especially when interest rates are high, as they are now.

Imagine if you could pick only stocks that would rise the most. Well, as far as I know, there is no sure way to do that with stocks, but there is a way to do that with bonds. This book will show you how, and it will show real examples of how this works and how much you can potentially profit, and how bonds, at times, can even be better than stocks. This book will also show the best way to combine investments in bonds with investments in stocks.

Cover of The Pauper's Money Book

The Pauper's Money Book shows how you can manage your money to greatly increase your standard of living.

  • Save, invest, and earn more money.
  • Get out of debt.
  • Increase your credit score.
  • Learn to negotiate successfully.
  • Manage time effectively.
  • Invest for maximum results with a minimum of risk.
  • Minimize taxes.
  • Earn tax-free income.
  • Earn more from a career or from running a business.
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  • All articles on this site were written by William C. Spaulding
  • Copyright © 1982 - 2025 by William C. Spaulding
  • Author Website: WilliamSpaulding.com
  • Books by William Spaulding:
    • How to Invest in Bonds for Maximum Profit
      • Imagine if you could pick only stocks that would rise the most. Well, as far as I know, there is no sure way to do that with stocks, but there is a way to do that with bonds. This book will show you how, and it will show real examples of how this works and how much you can potentially profit, and how bonds, at times, can even be better than stocks. This book will also show the best way to combine investments in bonds with investments in stocks.
    • The Pauper's Money Book
      • Manage money better to improve your life by saving more, investing more, and earning more.
    • Trickle-Up Economics
      • Describes the best tax policy for any country to maximize happiness and economic wealth, based on simple economic principles.
    • Economics: An Illustrated Introduction to Microeconomics, Macroeconomics, International Economics, and Behavioral Economics
      • An introductory textbook on Economics, lavishly illustrated with full-color illustrations and diagrams, and concisely written for fastest comprehension.