{"product_id":"interest-rate-modeling-james-preston-9798185097298","title":"Interest Rate Modeling: Theory, Implementation, and Market Practice","description":"\u003cb\u003eReactive Publishing\u003c\/b\u003e\u003cp\u003e\u003cb\u003eInterest Rate Modeling: Theory, Implementation, and Market Practice\u003c\/b\u003e by Vincent Bisette offers a comprehensive, practitioner-oriented guide to one of the most technically demanding areas of quantitative finance.\u003c\/p\u003e\u003cp\u003eThis book bridges the gap between academic theory and real-world trading floors, delivering a clear and accessible treatment of interest rate models, from foundational short-rate models (such as Vasicek and Hull-White) to advanced frameworks including multi-factor affine models, the LIBOR Market Model (LMM), SABR, and modern stochastic volatility approaches.\u003c\/p\u003eWhat You'll Gain\u003cul\u003e\n\u003cli\u003e\n\u003cb\u003eSolid Theoretical Foundations\u003c\/b\u003e: Rigorous yet intuitive explanations of stochastic calculus, no-arbitrage pricing, yield curve dynamics, and the mathematics behind term structure modeling.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003ePractical Implementation\u003c\/b\u003e: Step-by-step guidance on coding models in Python (or similar languages), calibration to market data, numerical methods (Monte Carlo, PDE solvers, lattices), and efficient simulation techniques for pricing and risk management.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eMarket Practice Insights\u003c\/b\u003e: Real-world applications including pricing of caps\/floors, swaptions, Bermudan options, structured products, and hedging strategies. It addresses key challenges like volatility smiles, negative rates, multi-curve frameworks, and post-crisis adjustments (e.g., SOFR, OIS discounting).\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eRisk and Portfolio Perspectives\u003c\/b\u003e: Coverage of interest rate risk measurement (DV01, duration, convexity), Value-at-Risk (VaR), stress testing, and integration with broader fixed-income portfolio management.\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eWritten in Bisette's signature hands-on style, blending mathematical precision with code examples, case studies, and market anecdotes-this book is ideal for: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eQuantitative analysts and developers\u003c\/li\u003e\n\u003cli\u003eFixed income traders and structurers\u003c\/li\u003e\n\u003cli\u003eRisk managers\u003c\/li\u003e\n\u003cli\u003eGraduate students in financial engineering or mathematical finance\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eWhether you're building models from scratch, refining existing systems, or deepening your understanding of how interest rates drive global markets, \u003ci\u003eInterest Rate Modeling\u003c\/i\u003e equips you with the tools and intuition needed to navigate this complex domain with confidence. It stands as an essential resource for anyone serious about mastering the theory, code, and commercial realities of interest rate derivatives.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e James Preston,Reactive Publishing\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798185097298\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/01\/2026\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 356\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.95lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.89d","brand":"James Preston","offers":[{"title":"Paperback","offer_id":49174108209407,"sku":"9798185097298","price":39.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/interest-rate-modeling-james-preston-9798185097298","provider":"WR Book House","version":"1.0","type":"link"}