Module 5A

(3 Credits)

This course is divided into three parts. The first part provides an overview of U.S. fixed income markets, market participants, and current issues. The second part teaches the analytic tools required for pricing, hedging, and investing in fixed income securities. The third part dives into selected securities and markets, namely, repo; forwards and futures; swaps; corporate bonds, loans, and credit default swaps; and mortgages and mortgage-backed securities.