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Prepare for CFA Level 1: Fixed Income and Bond Markets · LearnSpace
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Prepare for CFA Level 1: Fixed Income and Bond Markets

Курс от Board Infinity
Начальный≈ 31.9 чАнглийский
О курсеНавыкиПрограммаПреподаватели

О курсе

Build practical expertise in this cfa level 1 fixed income course and develop analytical skills to evaluate fixed income securities, pricing, and risk in real-world financial markets. You will learn how fixed income investments generate returns, manage risk, and support portfolio decisions using structured frameworks. The course begins with fixed income instruments and market structure, where you will analyze bond contracts, cash flows, and embedded options. You will understand how bond and fixed income products are structured and traded across markets. Next, you will explore bond pricing and yield measures, applying time value concepts, yield spreads, and valuation techniques. In the term structure module, you will interpret yield curves and interest rate movements. You will then measure risk using duration, convexity, and advanced sensitivity tools to evaluate fixed return investment performance. Finally, you will assess credit risk and structured products, including securitization, asset-backed securities, and mortgage-backed instruments, used in modern fixed income funds. By the end, you will: • Analyze fixed income securities and bond market structures • Apply pricing and yield measures to evaluate investments • Measure interest rate and credit risk using analytical tools • Assess structured products and securitized instruments This course is ideal for finance students, aspiring analysts, investment professionals, and anyone interested in alternative investments. Start building your expertise and make smarter investment decisions in evolving markets. Disclaimer: This course is an independent educational resource developed by Board Infinity and is not affiliated with, endorsed by, sponsored by, or officially associated with CFA Institute or any of its subsidiaries or affiliates. This course is not an official preparation material of CFA Institute. All trademarks, service marks, and company names mentioned are the property of their respective owners and are used for identification purposes only.

Навыки, которые вы освоите

Credit RiskCapital MarketsInvestmentsRisk AnalysisMortgage LoansFinancial AnalysisFinancial MarketSecurities TradingPortfolio RiskRisk ManagementInvestment ManagementFinanceCorporate FinanceSecurities (Finance)Cash Flows

Программа курса

7 модулей · 159 учебных материалов

01Fixed Income Instruments and Market Framework31 материалов

The Bond Contract

What is Fixed Income? Difference between Fixed Income vs LoansВидеоEconomic meaning of Lending Capital | How is it shown in Balance SheetВидеоBond Features | Issuer types | Par value | MaturityВидеоCoupon TypesВидео

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Board Infinity

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Prepare for CFA Level 1: Fixed Income and Bond Markets
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Обучение на Coursera

≈ 31.9 ч

7 модулей

Язык: Английский

Часть программы вашего университета
Priority of ClaimsВидео
Bond indentures | Affirmative Bond CovenantsВидео
Negative CovenantsВидео
Practice Quiz : — The Bond ContractЗадание

Bond Cash Flows & Structural Design

Bond Cashflow PatternsВидеоPrinicipal repayments structure | Bullet BondsВидеоFully amortising Bond and NumericalВидеоPartially Amortising bond and NumericalВидеоBalloon PaymentsВидеоCoupon Variations & Zero-Coupon BondsВидеоIndex Linked Bonds and OIDВидеоPractice Quiz: Bond Cash Flows & Structural DesignЗадание

Embedded Options & Flexibility

Overview of Embedded Options | Callable BondsВидеоCall Protection and Call PriceВидеоPutable and Convertible BondВидеоTax, legal and Reguatory ConsiderationsВидеоDomestic Foreign Euro global BondsВидеоPractice Quiz : Embedded Options & FlexibilityЗадание

Bond Markets & Trading Mechanics

Market Segmentation by Issuer, Maturity, Credit QualityВидеоIY vs Hy bondsВидеоSegmentation by Currency, geography, thematic investmentsВидеоPrimary Bond MarketВидеоSecondary Bond market | OTC | Bid AskВидеоDistressed Debt | Fixed Income IndicesВидеоPractice Quiz : Bond Markets & Trading MechanicsЗаданиеGraded Quiz : — Fixed Income Instruments and Market FrameworkЗаданиеQuick Course Check-InPLUGIN
02Bond Pricing and Yield Measures17 материалов

Basics of bond Pricing

Bond Pricing using Time value of moneyВидеоBond Pricing with respect to change in YTMВидеоBond and Price inverse relationshipВидеоBond pricing with respect to change in PeriodicityВидеоAcrrued Interest, Clean and Dirty PriceВидеоNumerical explaining Clean and Dirty Price, Calculation of Accured interestВидеоMatrix PricingВидеоConvex relationship of Bond Price and yieldВидеоEffect of Coupon and Maturity on Bond PricingВидеоPractice Quiz : Basics of bond PricingЗадание

Yield Measures and Spreads for fixed coupon bonds

Calculation of Yield on change of periodicityВидеоTypes of yieldsВидеоYield and spreads on a callable bondВидеоYield spread measures for Fixed coupon bonds and G spreadВидеоI spreads, Z spread and OASВидеоPractice Quiz: Yield Measures and Spreads for fixed coupon bondsЗадание
03Corporate and Government Debt Markets16 материалов

Why Entities Borrow & How Funding Choices Begin

Why Corporations BorrowВидеоWhy Government BorrowВидеоRationale for Funding choicesВидеоPractice Quiz : Why Entities Borrow & How Funding Choices BeginЗадание

Comparing Funding Instruments for Corporates and Government

Corporate Short-Term FundingВидеоFinancial Institutions Short-Term FundingВидеоUnderstanding Repo agreements with numericalВидеоVariation Margin NumericalВидеоRepo applications, risksВидеоIG Vs HY BondsВидеоPractice Quiz : Comparing Funding Instruments for Corporates and GovernmentЗадание

Comparing Sovereign and non sovereign funding instruments

Sovereign FundingВидеоNon sovereign FundingВидеоIssuing Debt – Corporates vs GovernmentsВидеоPractice Quiz : Comparing Sovereign and non sovereign funding instrumentsЗаданиеGraded Quiz : — Corporate and Government Debt MarketsЗадание
04Term Structure of Interest Rates & Yield Curves8 материалов

Understanding the term structure of interest rates

Term structure of Interest rates and Spot ratesВидеоPractice Quiz : Understanding the term structure of interest ratesЗадание

Bond Pricing using the term structure of interest rates

Spot Rate NumericalВидеоPar Rates and Bond Pricing using Forward RatesВидеоForward rates calculations and approximationsВидеоCompare Spot, par and forward curveВидеоPractice Quiz : Bond Pricing using the term structure of interest ratesЗаданиеGraded Quiz : — Term Structure of Interest Rates & Yield CurvesЗадание
05Interest Rate Risk, Return and Bond Price Senstivity32 материалов

Sources of Bond Returns & the Meaning of YTM

Where Do Bond Returns Come From?ВидеоWhat YTM Really AssumesВидеоPractice Quiz : — Sources of Bond Returns & the Meaning of YTMЗадание

Unchanged YTM – Why Returns Equal YTM

Hold to Maturity, No Rate ChangeВидеоSelling Early with Unchanged YTMВидеоPractice Quiz : — Sources of Bond Returns & the Meaning of YTMЗадание

Changed YTM – Holding Period Matter

Rate Changes & Holding to MaturityВидеоRate Changes & Selling Before Maturity, YTM IncreasesВидеоRate Changes & Selling Before Maturity, YTM DecreasesВидеоPractice Quiz : Changed YTM – Holding Period MatterЗадание

Price Risk vs Reinvestment Risk

The Trade-Off Between Price Risk & Reinvestment RiskВидеоShort vs Long Investment HorizonsВидеоPractice Quiz : Price Risk vs Reinvestment RiskЗадание

Understanding Bond Duration Using Yield

Understanding Modified DurationВидеоAppromixation of Modified DurationВидеоUnderstanding Money DurationВидеоPractice Quiz : Understanding Bond Duration Using YieldЗадание

How Interest rate risk is a factor of bond's Maturity, coupon, and yield level

Maturity, Coupons, and Time Effects on DurationВидеоIntroduction of ConvexityВидеоPractice Quiz : How Interest rate risk is a factor of bond's Maturity, coupon, and yield levelЗадание

Understanding Convexity's effect on Bond Price sensitivity

Convexity calculation, definitionВидеоPrice change calculation with duration and convexityВидеоNumerical on Positive ConvexityВидеоPortfolio Duration and convexity at a conceptual levelВидеоInterst rate risk measures for embedded options- Effective Duration and Effective ConvexityВидеоPrice yield Curve for a callable and putable bondВидео

Key Rate Duration

Understanding Non Parallel Yield Curve ShiftsВидеоMathematical and emprical Duration conceptВидеоPractice Quiz : Key Rate DurationЗаданиеGraded Quiz : — Interest Rate Risk, Return and Bond Price SenstivityЗадание
06Credit Risk and Anlaysis for Corporate and Government issuers21 материалов

Credit Risk and spread in detail

Basics of Credit risk and Credt analysis factorsВидеоBorrower's Sources of repaymentВидеоCalculation of Credit riskВидеоPractice Quiz : Credit Risk and spread in detailЗадание

Credit ratings and its limitations

Credit rating agencies and its useВидеоRisks of using agencies for credit ratingsВидеоPractice Quiz : Credit ratings and its limitationsЗадание

Factors impacting Volatility of yield spreads

Macroeconomic FactorsВидеоRisks of using agencies for credit ratingsВидеоDecomposing yield spreadВидеоQualitative factorsВидеоQuantitative factorsВидеоRatio based assessment-1Видео
07Securitisation in Detail34 материалов

Securitisation and Structure

Definition of SecuritisationВидеоStructure of SecuritisationВидеоCalculation of Credit riskВидеоPractice Quiz : Securitisation and StructureЗадание

Securitisation and Benefits

Process and benefits to issuersВидеоProcess and benefits to InvestorВидеоPractice Quiz : Securitisation and BenefitsЗадание

Securitisation and Risk

Risk to investorsВидеоPractice Quiz : — Securitisation and RiskЗадание

Asset backed Security

Characteristics and risks of Covered BondsВидеоCredit enhancemnet structures-1ВидеоCredit enhancemnet structures-2ВидеоPractice Quiz : — Asset backed SecurityЗадание

Type and characteristics of non-mortagaged ABS

Non-mortgaged ABS-1ВидеоNon-mortgaged ABS-2ВидеоPractice Quiz : Type and characteristics of non-mortgaged ABSЗадание

Collaterised Debt Obligations

CDO- structure, typesВидеоPractice Quiz : Collaterised Debt ObligationsЗадание

Time tranching in securitisation

Pre payment risksВидеоTime trannching and Prepayment risksВидеоPractice Quiz : Time tranching in securitisationЗадание

Residential Mortgage Loan

Residential mortgage loan and featuresВидеоKey Measures of default riskВидеоAgency and Non agency RMBSВидеоMortgage Pass-Through Securities & Key MeasuresВидеоPractice Quiz : Residential Mortgage LoanЗадание

Collaterised Mortage Obligations

CMOs- DefinitionВидеоCMOs- StructuresВидеоPractice Quiz : Collaterised Mortage ObligationsЗадание

Commercial Mortgage-Backed Securities

CMBSВидеоCredit risk of the borrowerВидеоCall Protection and Balloon Maturity provisionsВидеоPractice Quiz : Commercial Mortgage-Backed SecuritiesЗаданиеGraded Quiz : — Navigating Interfaces & Core FeaturesЗадание
Graded Quiz : — Bond Pricing and Yield MeasuresЗадание
Change in Full Bond Price estimationВидео
Practice Quiz : Understanding Convexity's effect on Bond Price sensitivityЗадание
Ratio based assessment-2Видео
Debt rankingsВидео
Claims based on debt rankingВидео
Soverign Government Debt and Qualitative factors affecting its creditworthinessВидео
Soverign Government Debt and Quantative factors affecting its creditworthinessВидео
Non sovereign government debt issuerВидео
Practice Quiz : Factors impacting Volatility of yield spreadsЗадание
Graded Quiz : Credit Risk and Analysis for Corporate and Government issuersЗадание