2014 Unit of Study
The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).
The University of Sydney session calendar shows exact dates for sessions.
|Fixed Income Securities|
|Lectures||1x 3hr seminar per week|
|Assessment||mid-semester exam (25%), group assignment (25%), and final exam (50%)|
|Description||This unit covers the concepts required for investment in fixed income securities, managing bond bond portfolios and understanding debt markets. Topics coverd include duration, convexity , interest rate risk, bond volatility and the term structure of interest rates. The more complex types of debt securities studied include mortgage backed securities , corporate bonds with embedded options such as convertible bonds and interest rate derivatives.|