Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course explores advanced topics in fixed income capital markets using more technical and quantitative approaches. Learners will study yield curve construction through bootstrapping, apply forward curves to value derivatives, and assess bonds using curve fitting and cheap rich analysis. The course also covers bond futures, including calculating implied repo rates to identify the most cost efficient bond to deliver within a futures contract’s deliverable basket.
Topics Include:
- Constructing Yield Curves
- Fitting Yield Curves and Cheap-Rich Analysis
- Bond Futures and the Cheapest-to-Deliver
Key Takeaways
Upon completion of this course, learners will be able to:
- Understand different variations of yield curves (e.g., par, spot, and forward yield curves).
- Construct hypothetical yield curves using bootstrapping.
- Fit yield curves based on a series of yield observations.
- Learn how to tell if a bond is rich or cheap using cheap-rich analysis.
- Understand bond futures and how to determine which bond is the most economical to deliver.
Who Will Benefit
This course will benefit finance professionals, analysts with a foundational understanding of fixed income who want to deepen their technical and quantitative skills. It is ideal for those seeking to confidently construct, analyze, and apply yield curves, bonds, and derivatives in real-world capital markets decision-making.
Disclaimer
Most of CPA Ontario's 450+ on-demand courses are compatible with the mobile app. Unfortunately, this on demand course is not compatible. For the best learning experience, we suggest you use your computer.
How to Access the Course
To access the course on your computer please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Andrew Loo, VP Capital Markets, worked in financial services for over 20 years in retail, commercial and investment banking roles. He retired from investment banking in 2017 as Managing Director at Nomura Securities in Hong Kong, where he was responsible for managing relationships with the key Central Banks, Sovereign Wealth Funds, and other key investors, as well as spearheading the firm’s sales efforts into the People’s Republic of China as Chairman of the China Operating Committee. Throughout his investment bank career, he was also very passionate about teaching and developing talent as well as a keen lifelong learner. Hence, Andrew was naturally very excited about joining CFI with its significant global reach of eager learners. As VP of Capital Markets, Andrew brings his real-world experience in Capital Markets to the CMSA program.