Choudhry has written an in-depth reference and introduction to corporate bonds. Inevitably, a book like this will be compared with Fabozzi's Handbook of Fixed Income Securities, so let me start there.

Flipping through the two books, you will see similarities, but Choudhry is the less ambitious book. Its focus is corporate bonds while Fabozzi focuses on all bonds as well as money market instruments. Fabozzi is about twice the length of Choudhry. It is also slightly more in-depth. I think Fabozzi benefits from the fact that it is an edited collection, so each chapter is written by an expert on that particular topic. Choudhry is a bond trader, so he knows his stuff, but writing every chapter, he is spread somewhat thinly.

Fabozzi also covers a greater range of "ancillary" topics: fixed income mathematics is covered in more depth, as is risk analysis. Fabozzi discusses yield curve construction, portfolio management and fixed income derivatives in considerable detail. Choudhry hardly mentions them.

That being said, Choudhry has a couple things to recommend it. For readers with an interest in a European perspective, that is what Choudhry provides. Fabozzi's focus is more global, but with an emphasis on the United States. Fabozzi, for example, discusses emerging markets debt while Choudhry does not.