BU 449

Fixed Income Analysis

The fixed income course covers the analysis of all fixed income securities including bonds, money market instruments, and mortgage‐backed and asset‐backed securities. Risk and return relationship of fixed income securities as well as the yield curve and interest rate risk management will be covered. The course will extend the analysis to cover the tools and techniques such as duration and convexity which are used to manage bond portfolio. Prerequisite: BU393, EC250 and EC260 or EC270 and EC290.