Mathematics of the Bond Market

Discover the intricate world of bond markets with Mathematics of the Bond Market by Michał Barski, published by Cambridge University Press in 2020. This comprehensive hardback edition spans 398 pages and delves into stochastic models where randomness is driven by Lévy processes. The book presents essential findings on arbitrage and completeness within bond markets, utilizing advanced tools from stochastic analysis and stochastic partial differential equations (PDEs). Ideal for finance professionals and mathematics enthusiasts alike, it also features a wealth of engaging mathematical problems that challenge and inspire. Enhance your understanding of financial markets with this essential resource!