TY - JOUR T1 - A Practical Guide to the Valuation of Coupon-Bearing Fixed Income Securities JF - The Journal of Fixed Income DO - 10.3905/jfi.2023.1.157 SP - jfi.2023.1.157 AU - Robert A. Jarrow AU - Donald R. van Deventer Y1 - 2023/02/27 UR - https://pm-research.com/content/early/2023/02/27/jfi.2023.1.157.abstract N2 - The purpose of this article is to illustrate the use of reduced-form credit risk models for valuing defaultable coupon-bearing securities, such as risky sovereign bonds, corporate bonds, and retail loans like auto loans and mortgage loans. We focus on issues in the application of these models and not the mathematical derivations of the formulas employed. ER -