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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.

    About this paper

    Paper title Fixed Income Security Analysis
    Subject Finance
    EFTS 0.15
    Points 18 points
    Teaching period Not offered in 2024 (On campus)
    Domestic Tuition Fees ( NZD ) $937.50
    International Tuition Fees Tuition Fees for international students are elsewhere on this website.
    FINC 202 and (FINC 102 or FINQ 102 or QUAN 102)
    Schedule C
    Teaching staff

    To be advised when paper next offered.

    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:

    1. Understand the bond market and the subprime mortgage crisis
    2. Calculate residential mortgage repayments and the balance
    3. Price and analyse both option-free and option-embedded bonds
    4. Understand the interest rate models
    5. Price interest-rate derivatives, including options, futures and swaps


    Not offered in 2024

    Teaching method
    This paper is taught On Campus
    Learning management system
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