FIN 425 CM - Fixed Income

This course is intended to provide students with the necessary foundation to analyze and implement investment strategies involving fixed income securities. Although bonds, both sovereign and corporate, are examined in detail, interest rate dependent securities such as forward rate agreements, bond futures and their options, interest rate swaps, caps, and floors are also covered extensively the course. The use of securitization to create fixed income products such as mortgage backed securities will also be studied. Techniques to manage interest rate risk as well as credit risk will be covered. While knowledge of equity option pricing theory is beneficial, Finance 420 (Asset Pricing and Derivatives) is not required for the course.

Prerequisite: FIN 340 CM

Offered: Every Year

Credit: 1

Course Number: FIN 425 CM