CONVERTIBLE BONDS
PROGRAM OUTLINE
Described by some practitioners as a bit of everything – they link to the debt, equity and option markets, CB’s can be seen as daunting. They are if you look into the modelling aspect of CB’s as models are proprietary as we have no universally recognised approach to valuing a CB. This class is an introduction bonds, explaining the products, the variations and when they make sense of issuers and investors.
PRE-REQUISTES
Those who understand the basics of bond pricing and options – bond calculations and options basics and strategies in the series is adequate.
CONTENT
– Traditional asses classes: debt vs. equity
– Terms and definitions for CB’s
– Optionality
Variations of CB’s
– Issuers and investors rationale
– Additional complications drew clauses, early redemptions
COURSE DURATION
1 Day
WHO SHOULD TAKE THIS COURSE?
Anyone interested in hybrid products
MODULES
These courses are included in this module
INTRODUCTION TO FINANCIAL MARKETS: FIXED INCOME
To untangle the language and purpose of the financial markets and to enable students decide the direction of their futures studies/career.
LEARN MOREBOND CALCULATIONS
To gain a basic understanding of bond pricing and risk. Also an essential before approaching topics in credit markets.
GET STARTEDBOND MARKET FUNDAMENTALS
To investigate issues practitioners experience in investing and trading fixed income instruments. To understand the risk implications of long and short-dated debt.
LEARN MORECREDIT DERIVATIVES
To understand the basic products and the drivers of value in the credit world.
LEARN MOREStart Learning! Get your quote now
Get in touch with us to get a customised quote for your learning plan.
GET QUOTE