Fixed Income Fundamentals

[Level 1] Bond pricing, duration and yield curve analysis | taught by Justin Saunders
$347.00
FULL ACCESS Bundle - 18 courses and certificates worth over $1,800+ value. Financial modeling, valuation, analysis and more.

Course description

This 2-part series will introduce you to the main products and players in the fixed income markets. It illustrates the points covered using real market data and examples of the most commonly used Bloomberg screens for bonds. Core concepts such as bond pricing, duration and yield curves are covered in detail. This course incorporates a wide range of applied exercises and case studies together with quizzes to test what you are learnt.


Part 1 - Fixed income products and markets
In this first module we explore the key features of a bond including the issuer, coupon and maturity date. The key issuers are covered and ratings for bonds are discussed. Bond prices are driven by changes in the yield curve. Typical yield curve shapes are investigated together with how the yield curve moves through the economic cycle. The module uses Bloomberg’s DES, YAS and IYC screens to illustrate the points discussed.

  • Learn the key features of fixed income securities & bonds
  • Understand the yield curve and what it represents
  • Track yield curve changes throughout the economic cycle


Part 2 - Pricing fixed income securities and duration
The second module starts by demonstrating how bonds are priced using discounted cash flow and the relationship between a bond’s price and its yield. Clean prices, dirty prices and accrued interest are also discussed. Understanding how bond prices move as their yields moved is a fundamental concept in the fixed income market. Macaulay and modified duration are both explained. The session provides an intuitive explanation of these concepts before looking at the detailed calculations.

  • Use DCF to price bonds
  • Learn the relationship between bond prices and yields
  • Use duration to learn how bond prices move in the market


This course incorporates a wide range of applied exercises and case studies. Sophisticated search and navigation tools allow you to go at your own pace while pop quizzes test what you’ve just learnt. The course also includes two PDF reference guides – an accounting fact-sheet and a financial statements glossary - that can be used while taking the course and downloaded to your computer for future reference.

how to price a bond


how to use bloomberg


bond pricing formula


bond course

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Instructor

Justin Saunders
Justin Saunders
Instructor

Justin leads the design and delivery of our asset management, investment banking and capital markets programmes for global financial services clients. Justin enjoys working with clients to build highly tailored and interactive learning solutions, and is renowned for designing and delivering programmes that present complex ideas in a clear, everyday language that delegates can really understand and appreciate.

Reviews (22)

Fixed Income

by Teka Derick Tikum
Teaches you more in the financial market of Bonds Maths and equity, FED monetary policy and yield curve Analysis. Has enhanced my investment Banking Skills. Thanks

Superb

by Sukanto Chakraborty
It helped me to clear my fundamentals

by Mohamed Kanneh
Interesting and I really want to forward my knowledge with CFI

Very good explanation

by Hariharan Sairam
Many concepts were clearly explained. Well done Sir!!!!

by Alvin Tezi
It's easy to understand and helpful for those who have little knowledge about the subject and a good reminder for those who already know about the bond market.
Read more

Fixed Income

by Teka Derick Tikum
Teaches you more in the financial market of Bonds Maths and equity, FED monetary policy and yield curve Analysis. Has enhanced my investment Banking Skills. Thanks

Superb

by Sukanto Chakraborty
It helped me to clear my fundamentals

by Mohamed Kanneh
Interesting and I really want to forward my knowledge with CFI

Very good explanation

by Hariharan Sairam
Many concepts were clearly explained. Well done Sir!!!!

by Afonso Cardoso de Menezes

by Yang Zhou

by Alvin Tezi
It's easy to understand and helpful for those who have little knowledge about the subject and a good reminder for those who already know about the bond market.

by S. M. Abdul Awal Pavel

by Harshil Shah

by Marko Grudic

Reading Financial Statements Certificate

by Zabihullah Ahmadi

Fixed income Fundamentals

by Edwin Wangila
Great

Excellent

by Richard Hastings
Interesting, relevant, and well explained

Fixed Income Fundamentals

by Nicola Kini
I enjoyed the short course because it was easy to follow through and comprehend.

by Aarav Singh

Very helpful and informative

by Sonal Sahani
I liked the entire course and I have learnt alot. Just the last calculations needs a bit more of clarification

by Barbara Alvarez

IMPRESSIVE

by Omiyale Abiodun ACA, ACS, ACIS
The course is straight to the point. It is very good for professionals who are switching roles within the capital market ( from equity trading to fixed income) or those who require a refresher course. It delivers exactly what the IBs require

by Fraser Pogue

by Cara Nowen

Bloomberg helpful

by Rustom Rupand
I like how you make this course so practical, not like stuff I've taken in school before

by Jared Blum