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Overview

This course will introduce you to the market for fixed income securities, provide you with a lot of details on the characteristics of fixed income securities in general, as well as discuss specific characteristics of specific sectors of the fixed income market - insurers, investors, and a wide variety of concepts relating to the analysis and validation of those securities.

This course consists of 24 lectures classified within three sections:

  • Introduction to Fixed Income Securities
  • Bond Contract Features and Investment Characteristics
  • Types of Fixed Income Securities

The following types of fixed income securities are introduced and discussed:

  • Government Securities
  • US Treasury Securities
  • Corporate Fixed Income Securities
  • Convertible Securities
  • Structured Securities
  • Mortgage Backed Securities
  • Asset Backed Securities
  • Credit Card and Auto Loan Asset Backed Securities
  • Collateralized Debt Obligations
  • Agency Securities & Regional/Local Government Debt Securities

Learning Outcomes

At the end of this course, you will be able to...

  • You'll be able to understand the structure and function of the primary and secondary fixed income markets
  • You'll be able to explain the similarities and differences between bonds and loans and the valuation issues of each
  • You'll be able to describe the contract features of bonds, including day count conventions, risk, returns and yield calculation
  • You'll be able to appreciate the nature and pricing of fixed income instruments and the yield curves
  • You'll be able to summarize the distinguishing characteristics of structured securities as well as the unique features of specific types, including mortgage backed securities, important types of asset backed securities such as auto loan/lease finance and credit card account receivables securitizations, and CDOs


Target Audience

  • Analysts and associates in commercial, corporate and investment banking.
  • Relationship managers (0-5 years) in commercial, corporate and investment banking.

Course curriculum

    1. Introduction to Fixed Income Securities and Markets

      FREE PREVIEW

    2. Introduction to Fixed Income Securities and Markets (Slides)

    3. The Primary Market: Issuing Bonds to Borrow Funds

    4. The Primary Market: Issuing Bonds to Borrow Funds (Slides)

    5. Similarity of Bonds to Loans & Bond Valuation Issues

    6. Similarity of Bonds to Loans & Bond Valuation Issues (Slides)

    1. Bond Contact Features

    2. Bond Contact Features (Slides)

    3. Bond Coupons, Accrued Interest and Bond Pricing Conventions

    4. Bond Coupons, Accrued Interest and Bond Pricing Conventions (Slides)

    5. Day Count Conventions & Bond Retirement

    6. Day Count Conventions & Bond Retirement (Slides)

    7. Types of Risk

    8. Types of Risk (Slides)

    9. Sources of Return and Bond Yields

    10. Sources of Return and Bond Yields (Slides)

    11. Bond Yields, Yield to Maturity and Rate of Return

    12. Bond Yields, Yield to Maturity and Rate of Return (Slides)

    13. Yield Curves

    14. Yield Curves (Slides)

    1. Yield Curves & Government Securities

      FREE PREVIEW

    2. Yield Curves & Government Securities (Slides)

    3. Government Bonds & US Treasury Securities

    4. Government Bonds & US Treasury Securities (Slides)

    5. Corporate Fixed Income Securities

    6. Corporate Fixed Income Securities (Slides)

    7. Credit Risk of Corporate Securities & Trust Indentures

    8. Credit Risk of Corporate Securities & Trust Indentures (Slides)

    9. Secured and Unsecured Bonds

    10. Secured and Unsecured Bonds (Slides)

    11. Convertible Securities

    12. Convertible Securities (Slides)

    13. Preferred Stocks & Introduction to Structured Securities

    14. Preferred Stocks & Introduction to Structured Securities (Slides)

    15. Asset Securitization & Introduction to Mortgage Backed Securities

    16. Asset Securitization & Introduction to Mortgage Backed Securities (Slides)

    17. Mortgage Backed Securities

    18. Mortgage Backed Securities (Slides)

    19. CMOs & Introduction to Asset Backed Securities

    20. CMOs & Introduction to Asset Backed Securities (Slides)

    21. Credit Card and Auto Loan Asset Backed Securities

    22. Credit Card and Auto Loan Asset Backed Securities (Slides)

    23. Collateralized Debt Obligations

    24. Collateralized Debt Obligations (Slides)

    25. CDOs and Money Market Instruments

    26. CDOs and Money Market Instruments (Slides)

    27. Agency Securities & Regional/Local Government Debt Securities

    28. Agency Securities & Regional/Local Government Debt Securities (Slides)

About this course

  • $49.95
  • 48 lessons
  • 4.5 hours of video content