Course Outline
 

Course Title

  

Review of Fixed Income Securities

Course Category

    Online
Target Audience  

This course is designed for institutional investors who wish to gain a complete understanding of the mechanics of interest rates and bond valuation. This course provides participants with the necessary knowledge needed to comprehend the material discussed in the Interest Rate Futures, Swaps, Options and Portfolio Strategies courses of this series.

Continuing Education

  

Professional Development:
CA, CGA, CMA, IDA

3 MX CE Credits

Prerequistes

   None
Objectives   Upon completion of this course, participants will have a solid understanding of the mechanics behind fixed income securities, and will be able to price bonds as well as to derive the bond equivalent yield.
Subject by level  

Topics  

Introduction 

Time Value of Money
-  Discrete Compounding
-  Continuous Compounding
-  Effective Period Rates

Bond Valuation
-  Terminology
-  Basic Bond Valuation
-  Treasury Bills and Banker's Acceptances

Bond Pricing Properties
-  Price-Yield Relationship
-  Long-Term Sensitivity
-  Low Coupon Sensitivity

Duration and Convexity

Term Structure of Interest Rates
-  Implied Forward Rates

Self test

Glossary of Terms

 
Duration   This online course is equivalent to an in-class course with a duration of 3 hours. Online courses are self-paced, and the time necessary to complete each course will vary with each student
Time to comple the course   Six months (user account can be deactivated after this period)
Date   Available now
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