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Dec 26, 2024
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MSF 542 - Fixed Income Securities 3.00 credits. This is an advanced finance course focused on fixed-income securities and related topics per CFA Institute’s Book of Knowledge (BOK) for CFA level II examination and beyond. This course is aimed at furthering students’ understanding and application of fixed-income securities, such as Treasury, Municipal and Government Agency bonds, as well as corporate-issued bonds that promised to pay periodic payments. Over the last decades, the variety and investments in Fixed-income securities have grown to include mortgage-backed securities, collateralized debt obligations, and credit default swaps, of which scheduled periodic payments may be fixed, floating, or contingent upon market conditions or other benchmarks. Therefore, the valuation of fixed-income securities has become extremely complex and challenging. This course will discuss a variety of fixed-income securities, their markets, risk characteristics, and valuation.
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