INTEREST RATE CALCULATIONS

PROGRAM OUTLINE

Interest rates can be observed, traded through and affect pricing of products in all asset classes. Studying them is useful to understand the interest rate and fixed income markets better but also essential in equity valuation models and also when analysing returns on investments. Understanding of interest rates can often be overrun with mathematics and formulae. This class will aim to have markets focus and keep mathematics to a minimum. That said, as the titles says, there will be calculations – so bring a calculator (preferably a bond calculator or bond calculator app)

PRE-REQUISTES

None required.

CONTENT

– Products and conventions in the money markets
– Interest, present and future call calculations
– Compounding calculations Interest rate forwards and futures
– Yield curve relationships and calculations
– Floating rate notes

COURSE DURATION

1 Day

WHO SHOULD TAKE THIS COURSE?

Staff and clients from every asset class

MODULES

These courses are included in this module

INTRODUCTION TO FINANCIAL MARKETS: INTEREST RATES AND FX

 To untangle the language and purpose of the financial markets and to enable students decide the direction of their futures studies/career.

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FOREIGN EXCHANGE FUNDAMENTALS

To understand the language and market of foreign exchange.

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FORWARDS, FUTURES & SWAPS

To introduce the products, explain who uses them and why.

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OPTIONS AND STRATEGIES

To introduce the basic building blocks of risk management and structured products, explain who uses them and why. Attendees will also learn how to put options together to create option strategies which are regularly traded in the market

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