Fixed Income Professional Certificate

What you will learn:
Understand the 'no-arbitrage' principle employed in the valuation of fixed income securities.
Understand the limitations of 'yield-to-maturity' as a measure of the rate of return on default free fixed income securities.
Develop a 'no-arbitrage' interpretation of forward rates.
Develop a deep understanding of duration and convexity and be aware of common misunderstandings of these concepts.
Understand and be able to reproduce the yield and risk measures on Bloomberg YAS screens for government bonds.

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Fixed Income Mathematics: Pricing and Valuation of Bonds (edX)

Learn about Pricing and Valuation of Bonds. In this course, we will learn how to determine fair values, yields and risk measures for fixed income securities. This course emphasizes conceptual understanding, but maintains a level of rigor suitable for the development of an effective fixed income [...]