Fixed Income Analysis Credits: 3

Catalog description

The primary objective of this course is to provide an overall view of the role of debt markets in the modern economy. The course will cover the characteristics of instruments traded in money and capital markets; determinants of and the relationships between different security prices; and international aspects of financial markets. Topics include: valuing fixed income securities, managing interest rate risk, interest rate theory, the organization of bond markets and the structure and pricing theory underlying the mortgage-related fixed income market. Recommended preparation: FIN 325 or FIN 5509 .