>>936645It was probably me that recommended it. I'm in the US, and it's definitely more relevant to the US because it describes things as they are here. The structure of insurance companies or how municipal bonds are handled in Malaysia might be different than in the examples.
However, the core mathematical concept of "whatever it is, treat it like a risk-free bond to figure out what the premium/discount should be, decide if over or under-valued" that you will pick up from reading it should transfer to basically anything.
Also, US t-bills are used as a major benchmark all around the world (at least for now), so in that sense, it's applicable just about everywhere. If you're in Germany or UK, there might be a better book that involves the tax laws and nuances of the land, but if you're in Nowhereistan, probably no one has written a book on that country's specifics, so just read this book and apply the concepts for yourself.
Tl;Dr: The basics of finance are there and will apply to anything if you can figure out babby-tier modeling/reapplication. Examples are geared toward the US, but you can't go wrong reading this.
