Fixed Income Markets

GSM FE 822

This is a course primarily on fixed-income debt securities and markets. Emphasis is placed on the factors that determine bond yields, factors such as the coupon and maturity structure, liquidity, credit risk, and tax status of the security, and on measures of return and risk, statistics such as the yield to maturity, horizon yield, duration, and convexity. We will cover government debt (Treasuries and municipals), corporate bonds (investment-grade and high-yield), agency (Fannie Mae and Freddie Mac) and mortgage-backed debt created via securitization (i.e., collateralized mortgage obligations). We will emphasize how interest rate and credit derivatives are used to manage portfolios of fixed-income securities.

FALL 2014 Schedule

Section Instructor Location Schedule Notes
F1 Smith SMG 310 M 6:00 pm-9:00 pm

SPRG 2015 Schedule

Section Instructor Location Schedule Notes
M1 TBA MW 12:30 pm-3:30 pm Module 4
Elective.

Note that this information may change at any time. Please visit the Student Link for the most up-to-date course information.