Fixed Income Securities - Online

This broad and practical perspective of diverse short-term and long-term fixed income instruments is invaluable for professionals in the fixed income arena. This course provides a solid introduction to credit risk, bond-rating systems, bond trading terminology, techniques and strategies, yield curve and the factors that affect it, and the role of the Federal Reserve System and its impact on bonds. It covers the corporate, municipal, and government bond markets, focusing on the concepts, functions, and operations of these markets.

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.


Sales personnel, junior research analysts, operations and systems staff, new entrants to fixed income markets.
Students will be able to:
  • Define a bond
  • Recognize the purpose of bonds
  • Identify the physical characteristics of bonds
  • Identify the major types of bonds
  • Identify the different types of capital and money market securities
  • Interpret price quotes for fixed income securities
  • Recognize the bond underwriting process
  • Calculate the price of a bond
  • Explain the various risks associated with bond investments
  • Depict interest rate risk in terms of duration and convexity
  • Explain how the U.S. Federal Reserve controls short-term interest rates
  • Differentiate between calls and puts embedded in bonds
None
  • Fixed Income Markets - Online
  • Introduction to Municipal Bonds - Virtual
  • Individual Modules

    Bonds and Their Features

    • Define a bond
    • Recognize the purpose of bonds
    • Identify the physical characteristics of bonds
    • Identify the major types of bonds

    The Fixed-Income Marketplace

    • Identify the different types of capital and money market securities
    • Interpret price quotes for fixed income securities
    • Recognize the bond underwriting process
    • Calculate the price of a bond

    The Fixed-Income Regulatory Environment

    • Explain the various risks associated with bond investments
    • Depict interest rate risk in terms of duration and convexity
    • Explain how the U.S. Federal Reserve controls short-term interest rates
    • Differentiate between calls and puts embedded in bonds