Introduction to Fixed Income Training Course

Course Code

fixincom

Duration

14 hours (usually 2 days including breaks)

Overview

The Introduction to Fixed Income training course is an overview of the fixed income securities designed for anyone seeking a solid understanding of fixed income securities and financial markets.

Course Outline

What is Fixed Income Securities?

Types of Fixed Income Securities
 - Government Bonds (Billds, Notes, Bonds)
 - Corporate Bonds  
 - Zero Coupon Bonds
 - High Yield Bonds
 - Medium Term Notes
 - Commercial Paper
 - Structure Note
 - Asset Backed Securities
 - Mortgage Backed Securities

Fixed Income vs Equity
 - What is Equity
 - What is the difference between Fixed Income and Equity

Structure of Fixed Income Market
 - Introduction to the Fixed Income Market
 - Major players
 - How to buy bonds

Basic Features of Bonds
 - Maturity
 - Par Value
 - Coupon Rate
 - Currency Denomination

Bond Indenture and Covenants

Legal, Regulatory and Tax Considerations
 - International bonds
 - Government bonds
 - Tax Considerations

Fixed Income Risks
 - Interest Rate Risk
 - Reinvestment Risk
 - Inflation Risk
 - Credit/Default Risk
 - Rating Downgrades Risk
 - Liquidity Risk
 - Volatility Risk
 - Exchange-rate Risk
 - Event Risk

Pricing of the Fixed Income Securities
 - How to determine a fair price
 - Features of a bond and yield measures
 - Basic Calculation of a bond price

Introduction to Fixed Income Valuation
 - Bond pricing with a market discount rate
 - Relationship between the bond price and bond characteristics
 - Pricing Bonds
 - Flat Price and Full Price
 - Matrix Pricing
 - Yield measures for fixed-rate bonds
 - Discount Basis yield and Add On Rate
 - Maturity structure of interest rates
 - Forward rate and Spot rate
 - Yield Spreads

Principal Repayment Structures
 - Bullet Bond
 - Fully Amortised Bond
 - Partially Amortised Bond

Coupon Payment Structures

Bonds with Contingency Provisions
 - Callable Bond
 - Putable Bond
 - Convertible Bond

Fixed Income Derivatives
 - Credit Default Swaps
 - Interest Swaps
 - Inflation Swaps
 - Bond Futures
 - Interest Rate Futures
 - Forward Rate Agreements

 

Testimonials

★★★★★
★★★★★

Related Categories

Course Discounts

No course discounts for now.

Course Discounts Newsletter

We respect the privacy of your email address. We will not pass on or sell your address to others.
You can always change your preferences or unsubscribe completely.

Some of our clients

is growing fast!

We are looking to expand our presence in Jordan!

As a Business Development Manager you will:

  • expand business in Jordan
  • recruit local talent (sales, agents, trainers, consultants)
  • recruit local trainers and consultants

We offer:

  • Artificial Intelligence and Big Data systems to support your local operation
  • high-tech automation
  • continuously upgraded course catalogue and content
  • good fun in international team

If you are interested in running a high-tech, high-quality training and consulting business.

Apply now!