Introduction
  • How To Get The Most Out Of This Course
  • Formulas, Definitions, Diagrams at your FINGERTIPS!
Fixed Income Securities: Defining Elements
  • Basic Features of Fixed Income Securities
  • Coupon Structures
  • Legal, Regulatory and Tax Considerations
  • Contingency Provisions
  • Test Your Understanding
Fixed-Income Markets: Issuance, Trading, and Funding
  • Overview of Global Fixed Income Markets
  • Primary and Secondary Bond Markets
  • Bonds from Government and Government-related Sectors
  • Corporate Debt
  • Structured Financial Instruments
  • Short-Term Funding for Banks
  • Test Your Understanding
Introduction to Fixed-Income Valuation
  • Bond Prices and Time Value of Money
  • Bond Prices: Quotes and Calculations
  • Bond Yield Measures
  • Maturity Structure of Interest Rates
  • Yield Spreads
  • Test Your Understanding
Introduction to Asset-Backed Securities
  • How Securitisation Works
  • Residential Mortgage Loans
  • Residential Mortgage-Backed Securities
  • Commercial Mortgage-Backed Securities
  • Non-Mortgage Asset-Backed Securities
  • Collateral Debt Obligations
  • Test Your Understanding
Understanding Fixed-Income Risk and Return
  • Sources of Return
  • Macaulay Duration
  • Modified Duration and Money Duration
  • Approximate Modified Duration and Convexity Adjustment
  • Effective Duration and Key Rate Duration
  • Duration of a Bond Portfolio
  • Factors that Influence Interest Rate Risks
  • Test Your Understanding
Fundamentals of Credit Analysis
  • Credit Risks
  • Capital Structure and Seniority Rankings
  • Credit Ratings and Ratings Agencies
  • Corporate Credit Analysis
  • Corporate Credit Analysis (Ratios)
  • Credit Yields and Spreads
  • Special Considerations of High Yield Credit Analysis
  • Test Your Understanding
  • Special Considerations of Sovereign and Non-Sovereign Credit Analysis
BONUS: Further resources for your exam prep
  • BONUS: Further resources for your exam prep