Debt Instruments and Markets
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Overview
Description
This course analyzes debt instruments and their markets. The course begins with a survey of the various types of securities, their associated cash flow and risk characteristics. The term structure of interest rates as embodied by spot, coupon and forward yield curves are discussed within the context of traditional bond yield calculations and the price-yield relationship. The course then addresses risk management for floating rate notes and fixed rate notes using Libor-based derivatives such as interest rate swaps and Eurodollar futures. The course analyzes the impact of default risk on bond valuation and explores the application of credit derivatives in default risk control. The course also analyzes the use and complexities of Treasury futures and options. Interest rate and currency exposure management for international debt market investments is explored.
Career
Graduate
Credits
Value
3
Max
3
Min
3
Course Count
1
Number Of Credits
3
Number Of Repeats
1
Repeatable
No
Contact Use
Yes
Generate Attendance
No
Left Use
Yes
Present Use
Yes
Reason Use
Yes
Tardy Use
Yes
Template Override
No
Time Use
Yes
Attendance Type
Class Meeting
Auto Create
No
Code
LEC
Instructor Contact Hours
3
Default Section Size
35
Final Exam Type
Yes
Include in Dynamic Date Calc
No
Instruction Mode
In Person
LMS File Type
Blackboard CourseInfo 4
Name
Lecture
OEE Workload Hours
0
Optional Component
No
Preferred Room Features
Academic Scheduling
Workload Hours
3