FIXED INCOME SECURITIES
Analysis of fixed income, bond markets. Introduce tools for evaluating bonds and making decisions about trading and hedging portfolios of fixed income securities. Focus on government bonds and derivative securities. Consider basic ways to price bonds using techniques that are well established on Wall St. Introduces basic trading strategies based on exploiting mis-priced securities. Strategize ways to measure and minimize risk. Other topics include repo financing, mortgage markets, and basic issues involving default risk of corporate bonds.
Topics
- repo financing
- mortgage markets
- and basic issues involving default risk of corporate bonds
Topics explicitly listed in official catalogue description
Prerequisites & course information
Requisites: FINANCE/ECON 300 , ( MATH 213 , 222 , or 276) and ( GEN BUS 307 , 656 , ACT SCI 654 , 655 , ECON 400 , 410 , STAT/MATH 310 , STAT 312 , or 333 or concurrent enrollment); or declared in undergraduate Business Exchange program Course Designation: Core GenEd - Mathematics & Quantitative Reasoning Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Apply the mathematics of fixed income markets. Audience: Undergraduate 2. Utilize appropriate tools and techniques, including various measures of duration and convexity, to make decisions about trading and hedging portfolios of fixed income securities. Audience: Undergraduate 3. Explain the structure and uses of fixed income derivative instruments, including options, forwards and swaps. Audience: Undergraduate Learning Outcomes: 1. Apply the mathematics of fixed income markets. Audience: Undergraduate 2. Utilize appropriate tools and techniques, including various measures of duration and convexity, to make decisions about trading and hedging portfolios of fixed income securities. Audience: Undergraduate 3. Explain the structure and uses of fixed income derivative instruments, including options, forwards and swaps. Audience: Undergraduate
Sources
- Course catalogue ↗2026-2027