Fixed Income & Other Debt Securities

Course details

Fixed income and other debt securities are one of the largest investment classes. In some countries investors might buy their Governments’ securities directly, but most Fixed Income/Debt securities are owned by financial institutions – funds, insurers or banks.

Learning Outcomes

• The principal learning outcomes from this course are
• You will be able to describe the key features of fixed Income – who issues them and why, who buys them and for what reasons, what are the main types?
• Delegates will understand how financial institutions invest in the sector
• You will be able to explain how investors measure performance and measure and manage fixed income risk.

Who Should Attend

You work in asset management

You work for a bank or insurer

You work in funds administration

You are with the regulator

You want to work in financial services in Ireland

Course Content

• Jargon busting introduction – what are Fixed Income/Debt investments, what are the key types and how do they work?
• Main issuers – Governments, Banks, large corporates
• Main investors and why do they invest?
• Risks and benefits for investors
• Case study 1: measures of risk and return
• Risk management : using fixed income derivatives
• Fashions and trends in the sector
• Case study 2: catastrophe bonds
• Fixed income/Debt collective funds
• Case study 3 : life of a bond trade
• Prospects for the bond market.