Fixed Income

Advanced Fixed Income

CPD Hours: 7

Aims

This one-day workshop is more advanced than Introduction to Fixed Income. It will cover in depth fixed income pricing, price drivers, duration, ABSs, MBSs, CDOs, swaps, credit exposure and key fixed income investment strategies.

Case studies form an integral part of the course, to allow the delegates to consolidate the information and provide the basis for group discussions.

Objectives

At the end of the workshop, delegates will have a better understanding of:

• Bond stripping
• Asset backed securities, including MBSs
• Structure of CDOs
• Term structure of interest rates and bond pricing
• Credit, currency, asset and interest rate swaps

Who Should Attend?

• Finance and accounting
• Investment professionals
• IT
• Legal and compliance
• New entrants
• Risk management
• Sales and marketing

Content

• Strips and asset-backed securities
• Bond pricing
• Term-structure of interest rates
• Credit markets and interest rates
• Introduction to interest rate and currency swaps
• Different types of swaps
• Uses of swaps
• The principal of swap pricing and valuation
• The term-structure of interest rates
• Asset swap pricing
• New issue arbitrage