Fixed Income Analysis
Welcome to the course.
Office: TRS 1-085
E-mail: [email protected]
Overview of Course
Part 1: Cover the basics of fixed income
pricing, risk and risk management:
Discount Factors and I
Interest Rate Risk Management
Assume that a client has bought an annuity from
your financial institution that agrees to pay
$28,767 every 6 months for 30 years.
The term structure is flat at 4% per year
The client pays you $1,