Course description
Bonds and Fixed Income
In recent years the bond markets have witnessed significant change and innovation, largely as a result of a rapidly maturing swaps market. The increasing commoditisation of the swaps market, along with recent innovations in the credit derivatives market, has led to fundamental shifts in core relationships. This course is tailored to those who require up-to-date market knowledge on how these particular changes will impact on their professional lives.
Upcoming start dates
Training content
Day 1
- Bond Analytics – An Introduction to Fixed Income Securities
- Basic Bond Maths
- The Eurobond Market
- Calculating a bond’s price on a coupon date
- Yield to Maturity
- Repo Markets
- Reverse Repo
Day 2 - Bond Analytics
- The Zero Coupon Curve and Bond Market Risk
- Fixed Income Market Risk Analysis
- Convexity defined
- Trading the Yield Curve
- Hedging Interest Rate Risk
Day 3 - Analysis of Corporate Bonds & Understanding the Spread
- Yield Pick-Up from Trading Credit: Corporate Bonds & the Credit Spread
- Macro drivers of the credit spread
- Corporate Bonds and the Rating Process
- Hedging Interest Rate Risk with government bonds and futures
Day 4 - Selecting Instruments for Outperformance - Credit Linked Notes & Securitisation
- Creating a CLN
- The market for securitised products - Asset Backed Securities (ABS)
- Issuance patterns pre and post the crisis
- Embedded Options
- Convertible Bond Arbitrage
- Rationale for Bond / Securities Issuance
Day 5 - Portfolio Management Strategies and ESG:
- Yield Enhancement, Trading Strategies and Structured Products.
- The Green Bond Market.
- Trading the Yield Curve to Enhance Yield
- Trading Strategies
- The Green Bond Market
Costs
Course fee
- London - £5295 + VAT
- Paris - £5295 + VAT
- Hong Kong - $2995
Certification / Credits
In five days you will expand your knowledge on the structure and application of bonds and fixed income products and will gain an in-depth understanding of:
- Classification of bond instruments
- Yield curve analysis
- Pricing methodologies
- Interest rate and currency swaps: uses and valuation
- Bond trading and portfolio applications
- Securitisation and asset-backed securities
- Repo markets
- Financial engineering with swaps
Why choose Euromoney Learning?
4.6/5 rating on course check for service
60,000 professionals trained across public courses
80+ countries where training is delivered
Contact this provider
Euromoney Learning
At Euromoney Learning, we understand that learning doesn’t start and end when you leave the classroom. We know that the financial markets never stand still, and that technology has both simplified and added complexity at a break-neck pace. That’s why...