The first part of this book analyses warrants from three perspectives. First, the basic terms and conditions of equity warrants are explained and defined. Secondly, there is a section on the appropriateness of the equity warrant as a capital market instrument from an issuer's viewpoint. Third, the equity warrant is considered from the investor's perspective and compared with other capital market instruments. The second part of the book gives a detailed statistical and descriptive analysis of the main markets for equity warrants - the Euromarkets and the Swiss domestic market. Finally, there is a section examining the important growth of covered warrant activity in the Euromarkets