Fixed Income Securities

Postgraduate

Course page banner
Mode icon
Mode
Mode
Your study is delivered on campus and/or online
On campus, Online
area/catalogue icon
Area/Catalogue
BAFI 5003
Course ID icon
Course ID
201811
Campus icon
Campus
Adelaide City Campus West, Online
Level of study
Level of study
Postgraduate
Unit value icon
Unit value
6
Course owner
Course owner
School of Accounting and Fin
Course level icon
Course level
1
Work Integrated Learning course
Work Integrated Learning course
No
Study abroad and student exchange icon
Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
Discipline group A
University-wide elective icon
University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes

Course overview

This course examines the valuation of fixed-income securities, market operations, and risk management. Topics include the valuation of bonds, the term structure of interest rates, measuring and managing interest rate risk, the corporate bond market, passive and active bond portfolio management, performance measurement, securitisation, and interest rate derivatives.

  • Basics of Fixed Income Securities  
  • Managing Interest Rate Risk  
  • Portfolio Management  

Course learning outcomes

  • Identify the different types of fixed income securities and their characteristics
  • Value fixed income securities
  • Derive spot yield curve
  • Measure and manage interest rate and credit risk
  • Implement passive and active fixed income portfolio management techniques
  • Know the principles of securitisation

Prerequisite(s)

  • Must have completed all of ACCT5001 Accounting Concepts and Methods/BAFI5000 Principles of Finance/ECON5001 Economic Principles

Corequisite(s)

N/A

Antirequisite(s)

N/A

Assumed knowledge

BAFI5015 Business Statistics

Textbook(s)

Frank J. Fabozzi, Francesco A. Fabozzi, 2021-12-07, Bond Markets, Analysis, and Strategies, tenth edition, MIT Press

Inherent requirements

N/A

Other resources

N/A

Assessment

  • Multiple Choice Questions – 20%
  • Report – 30%
  • Multiple Choice Questions – 50%