To provide a comprehensive overview of the major bond and fixed income markets, their instruments and their workings, assuming no prior knowledge.
Delegates
· Fixed Income Support and Settlement staff
· Back and Mid Office Staff
· Support Staff for Fund Managers
· Compliance Officers
· Auditors and Accounting Staff
· IT and Systems executives designing systems for Fixed Income Investments
· Lawyers (CPD Credit available)
Content
Background to the Fixed Income markets.
Terminology. Fixed income issuers.
Bond types and uses: straights, frns, convertible, zero, perpetual, index-linked,
Pricing fixed income instruments.
Interest payment and maturity variations.
Influences and factors in the bond markets.
Running / Income yields. Maturity / Redemption yields.
Bond Rating systems and their uses.
Yield curve uses.
Selecting the right bond.
Interest Conventions & Calculations explained
Convertibles.
Conversions and Exercise Calculations.
Specialist Fixed Income Investments outlined: MBS, ABS, Reverse Convertibles, Exchangeables etc.
Bond Portfolios
