RT Journal Article SR Electronic T1 A Practical Guide to the Valuation of Coupon-Bearing Fixed Income Securities JF The Journal of Fixed Income FD Institutional Investor Journals SP jfi.2023.1.157 DO 10.3905/jfi.2023.1.157 A1 Robert A. Jarrow A1 Donald R. van Deventer YR 2023 UL https://pm-research.com/content/early/2023/02/27/jfi.2023.1.157.abstract AB 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.