1. 2CONTENTS Introduction Features of the bond Face Value Coupon Rate Periodicity of coupon payments Maturity Redemption Value Types of Bonds Fixed…
1. 2CONTENTS Introduction Features of the bond Face Value Coupon Rate Periodicity of coupon payments Maturity Redemption Value Types of Bonds Fixed…
Slide 1 1 Chapter 14 - Bonds A promise to repay a sum of money on a fixed date, together with interest, usually over the life of the loan Why buy bonds? –Steady income…
Slide 1 1 Bond Mathematics Slide 2 2 Overview This chapter covers the fundamental ideas behind fixed income risk and risk measurement. Although it uses the Treasury market…
Slide 1 1 Learning Objectives 1. Explain the fundamental characteristics of a bond issue. 2. Explain the meaning and impact of bond ratings. 3.Understand how to read bond…
Learning Objectives 1. Explain the fundamental characteristics of a bond issue. 2. Explain the meaning and impact of bond ratings. Understand how to read bond quotes in the…