Fixed Income Professional Certificate

What you will learn:
Understand the 'no-arbitrage' principle employed in the valuation of fixed income securities.
Understand the limitations of 'yield-to-maturity' as a measure of the rate of return on default free fixed income securities.
Develop a 'no-arbitrage' interpretation of forward rates.
Develop a deep understanding of duration and convexity and be aware of common misunderstandings of these concepts.
Understand and be able to reproduce the yield and risk measures on Bloomberg YAS screens for government bonds.

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