
Learn how bond prices respond to changing discount rates, highlighting inverse price behavior, coupon and maturity effects, and convexity. The lecture also covers pricing with spot rates and zero rates.
Investigate spot and forward rates, including deriving forward rates from spot rates and pricing bonds at par. Examine yield curves, spreads, and the role of benchmarks in fixed income valuation.
explains how the global fixed income market is structured and funded, covering issuance, primary and secondary markets, underwriting, and key instruments from commercial paper to structured products.
This course includes:
Videos covering the CFA Level 1 Fixed Income study sessions.
Downloadable PowerPoint slides in PDF format attached to the beginning of its reading assignments.
The readings covered in this courses are:
Reading 42 - Fixed income Securities: Defining Elements
Reading 43 - Fixed income Markets: Issuance, Trading, and Funding
Reading 44 - Introduction to Fixed income Valuation
Reading 45 - Introduction to Asset-Backed Securities
Reading 46 - Understanding Fixed-Income Risk and Return
Reading 47 - Fundamentals of Credit Analysis
This course will help you to be successful in the CFA level 1 Fixed Income study session.
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