Fixed Income Fundamentals

  • Course level: All Levels
  • Categories CFI


In this Fixed Income Fundamentals course, we will explore the basic products and players in fixed income markets. We will introduce key features of a bond such as par value, coupon, yield curves, and credit spreads. Then, we will calculate the price of a bond using discounted cash flows and the relationship between a bond’s price and its yield. Clean prices, dirty prices, accrued interest, and day count are other fixed income topics discussed in this online course. Finally, we will explore bond risk measures including Macaulay duration, modified duration, dollar duration, and convexity. We will then calculate the price sensitivity to yield changes using these risk measures.

This course uses real market data and examples of the most common Bloomberg screens for bonds. A wide range of exercises and real-life case studies are incorporated in the course so you can directly apply your knowledge on the job. This online course can be taken on demand, from anywhere in the world.