This chapter discusses investing in a Bond Portfolio. A portfolio of securities is a collection of different financial assets owned by an investor, including stocks, bonds, mutual funds, and other investments. The purpose of a portfolio is to diversify investments, balance risk, and help achieve specific financial goals, such as capital growth or income. A detailed analysis of investing in a bond portfolio is carried out. The following characteristics of a bond portfolio are considered: immunization of a bond portfolio, yield of a bond portfolio, average term of income receipt on a bond portfolio, duration and convexity of a bond portfolio.

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Investing in a Bond Portfolio

  • Peter Brusov,
  • Tatiana Filatova

摘要

This chapter discusses investing in a Bond Portfolio. A portfolio of securities is a collection of different financial assets owned by an investor, including stocks, bonds, mutual funds, and other investments. The purpose of a portfolio is to diversify investments, balance risk, and help achieve specific financial goals, such as capital growth or income. A detailed analysis of investing in a bond portfolio is carried out. The following characteristics of a bond portfolio are considered: immunization of a bond portfolio, yield of a bond portfolio, average term of income receipt on a bond portfolio, duration and convexity of a bond portfolio.