This broad and practical perspective of diverse short-term and long-term fixed income instruments is invaluable for professionals in the fixed income arena. This series provides a solid introduction to credit risk, bond-rating systems, bond trading terminology, techniques and strategies, yield curve and the factors that affect it, and the role of the Federal Reserve System and its impact on bonds. It covers the corporate, municipal, and government bond markets, focusing on the concepts, functions, and operations of these markets.
Who should take this course:
Sales personnel, junior research analysts, operations and systems staff, new entrants to fixed income markets.
Prerequisites:
None
Training Hours/CPE Credits:
3
Modules
Bonds and Their Features
Module Code
:
fimk_1017
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description: This module provides an overview of the purpose, characteristics and pricing of bonds.
Learning Objectives:
After completing this module, you'll be able to:
Define a bond
Recognize the purpose of bonds
Calculate the price and yields of bonds
Identify the physical characteristics of bonds
The Fixed Income Marketplace
Module Code
:
fimk_1018
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module provides an overview of the underwriting, characteristics and pricing of the different types of capital and money market fixed income securities.
Learning Objectives:
After you complete this module, you will be able to:
Identify the different types of capital and money market securities
Interpret price quotes for fixed income securities
Recognize the bond underwriting process
Calculate the price of a bond
The Fixed Income Regulatory Environment
Module Code
:
fimk_1019
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module covers the risks associated with bond investments and how they are regulated.
Learning Objectives:
After you complete this module, you will be able to:
Explain the various risks associated with bond investments
Depict interest rate risk in terms of duration and convexity
Explain how the U.S. Federal Reserve controls short-term interest rates
Differentiate between calls and puts embedded in bonds
