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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|
|Teaching period||Second Semester (On campus)|
|Domestic Tuition Fees (NZD)||$872.70|
|International Tuition Fees (NZD)||$4,405.05|
- FINC 202 and (FINC 102 or FINQ 102 or QUAN 102)
- Schedule C
- Teaching staff
- Teaching Arrangements
This paper is taught via lectures and tutorials.
- 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
Students who successfully complete this paper 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