Applied Fixed Income


Approx 6.50h to complete

100% online and self-paced

Subscribe to get access to CMSA® and other programs

From $497/year

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Intermediate Fixed Income Course Overview

This Intermediate Fixed Income course builds on the fixed income fundamentals and delves deeper into government & agency issued debt, zeroes, floaters & linkers and callables & putables. It provides knowledge on how they are priced with industry relevant examples of each type of debt. You will have the opportunity to work through practice examples of certain types of debt and learn how to identify key information on Bloomberg Terminal. By the end of this course, you will have an enhanced understanding of fixed income products which will prepare you for learning advanced fixed income courses.

We will explore: 

  • Government, GSE and SSA Debt
  • Zeroes, Floaters and Linkers
  • Callables and Putables

Intermediate Fixed Income Learning Objectives

Upon completing this course, you will be able to:

  • Describe the different types of fixed income products, their issuers and investors
  • Understand in depth about their pricing, duration and convexity
  • Understand how to calculate bond yields from Bloomberg

Intermediate Fixed Income Is an Elective Course of CFI’s CMSA® Program

CFI’s Capital Markets & Securities Analyst (CMSA)® program covers all the basic, intermediate, and advanced topics about sales and trading, investment banking, and asset management. This program teaches you trading strategies used in the finance and capital markets industry. It is ideal for students who want to learn how to trade different asset classes. The program is completely online so you can take it at your own pace, from anywhere in the world.

Common career paths for students who take the CMSA® are Sales & Trading, Asset Management, Wealth Management, Treasury, Risk Management, and other capital markets careers.

Who Should Take This CMSA® Course?

This Intermediate Fixed Income course is perfect for anyone who would like to build up their understanding about fixed income products. This course is designed to equip anyone who desires to begin a career in the capital markets on the fixed income desk.

What You'll Learn


Become a certified Capital Markets & Securities Analyst (CMSA)®

Applied Fixed Income is part of the All Capital Markets & Securities Analyst (CMSA)® courses, which includes 29 courses.

Capital Markets & Securities Analyst (CMSA)® Certification
  • Skills Learned Trading strategies used in the finance and capital markets
  • Career Prep Work in capital markets, whether on the buy-side or the sell-side

Path To Certification

Prep Courses

5 courses from beginner to intermediate level.


Core Courses

8 courses from beginner to intermediate level.


Elective Courses

16 courses in advanced and intermediate levels.


Get Certified

Submit your CMSA® checklist and order your certificate.

CMSA Certificate 04Required

Join Our Community

Get access to the Global Corporate Finance Society.


How the Certification Works

Capital Markets & Securities Analyst (CMSA)® courses are offered 100% online, allowing you the flexibility to start the Capital Markets & Securities Analyst (CMSA)® program anytime and learn when it’s most convenient for you.

The program is a part of the All Access Subscription, which includes all programs and courses.

CFI courses are designed by instructors with over 21 years of financial analyst training experience.

Students must complete all core and 7 elective courses (13 in total) and demonstrate mastery of the topics through successful completion of course materials, quizzes, and assessments.
Within 48 hours of program completion, your Blockchain Verified (CMSA)® Certification will be emailed to you.

What Our Students Say


Abdaullah AlHammad

Intermedidate Fixed Income
The final assessment test should be more probing.


The course content is great and was mouthful. Thank you to the presenter. I highly recommend the course


Intermediate Fixed Income

John Ngelula

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