Fixed Income Fundamentals
Fixed Income Fundamentals
.MP4, AVC, 1280x720, 30 fps | English, AAC, 2 Ch | 1h 33m | 190 MB
Instructor: Andrew Loo
.MP4, AVC, 1280x720, 30 fps | English, AAC, 2 Ch | 1h 33m | 190 MB
Instructor: Andrew Loo
Explore the basic products and players in fixed income markets. Learn about key bond features such as par value, coupon, yield curves, and credit spreads. Find out how to calculate the price of a bond using discounted cash flows and the relationship between a bond’s price and its yield, as well as the fundamentals of clean prices, dirty prices, accrued interest, and day count. Along the way, learn about price sensitivity and bond risk measures, including Macaulay duration, modified duration, dollar duration, and convexity.
This course uses real market data and examples of some of the most common Refinitiv screens for bonds. A wide range of exercises and case studies are incorporated into the course materials to help you practice applying your new skills on the job.
Learning objectives
- Define the key concepts of the basic fixed income instrument: bonds.
- Explain who buys bonds, who issues bonds, and the basic structure of the bond market.
- Examine the concepts of yield, coupon, day count, curve, credit spreads, and price.
- Measure the yield sensitivity of a bond by using duration and convexity.
Fixed Income Fundamentals
