In this book, well-known expert Riccardo Rebonato provides the
theoretical foundations (no-arbitrage, convexity, expectations,
risk premia) needed for the affine modeling of the government bond
markets. He presents and critically discusses the wealth of
empirical findings that have appeared in the literature of the last
decade, and introduces the 'structural' models that are used by
central banks, institutional investors, sovereign wealth funds,... more...