Fixed Income

Fixed Income

Bonds, Swaps and Credit

Bonds-1038x576 This comprehensive four-day program is widely accepted globally as the entry-level qualification for all new dealers active in financial markets. The course allows candidates to acquire a working knowledge of the structure and operation of the foreign exchange and money markets and their core products including derivatives. It provides the basic skills required for competent performance, including the ability to apply the fundamental mathematics used in these markets.

KEY COURSE OUTCOMES

At the end of the program delegates will have a thorough understanding of the:
  • The Bond Exchange environment
  • Dealing confirmation and settlement
  • Participants in the Bond Market
  • Mathematics of interest rates
  • Time value of money
  • Types of bonds
  • Bond pricing and valuation for issuance and secondary market trading
  • Bootstrapping
  • Yield curve definition
  • Duration, modified duration and convexity
  • Repurchase agreements
  • Bond futures
  • Bond options