An introduction to the products, risks, valuation and portfolio management of fixed income securities.
This course covers the valuation of fixed income (interest) securities and derivatives and their uses in a portfolio construction and hedging.
| Paper title | Fixed Income Security Analysis |
|---|---|
| Paper code | FINC310 |
| Subject | Finance |
| EFTS | 0.1500 |
| Points | 18 points |
| Teaching period | Second Semester |
| Domestic Tuition Fees (NZD) | $863.25 |
| International Tuition Fees (NZD) | $4,276.80 |
- Prerequisite
- FINC 202 and (FINC 102 or FINQ 102 or QUAN 102)
- Schedule C
- Commerce
- Contact
- accountancyfinance@otago.ac.nz
- Teaching staff
Dr. Xinfeng (Edwin) Ruan
- Teaching Arrangements
- Lectures and tutorials.
- Textbooks
- Bond Markets, Analysis and Strategies (9th edition), by Frank J. Fabozzi, 2016, Pearson.
- Course outline
- View the course outline for FINC 310
- Graduate Attributes Emphasised
- Communication, Critical thinking, Self-motivation.
View more information about Otago's graduate attributes. - Learning Outcomes
At the completion of this course students should be able to:
- Understand the bond market and the subprime mortgage crisis
- Calculate residential mortgage repayments and the balance
- Price and analyse both option-free and option-embedded bonds
- Understand the interest rate models
- Price interest-rate derivatives, including options, futures and swaps
