This book is a superb and thorough introduction to fixed income theory and modeling. It is both logical and intuitive. A must for every student of finance.

Out of all the books I have read on Fixed Income Analytics, this one is the best. It gives you all the essentials that one needs to know for further study and research. This book uses only the suffucient amount of mathematics with tremendous practical examples making it useful to both who wants mathematical treatment and the one who prefers to know the practical applications(like traders etc). I have no doubt in my mind that this book have been written by the experts in this subject.