AEM 4260 Fixed-Income Securities
Fall. 3 credits. Prerequisites: MATH 1110 or equivalent, AEM 2100 or equivalent, AEM 3240. Letter grades. V. Bogan.
This course focuses on fixed-income securities including corporate bonds, default-free bonds, and floating rate notes. Other topics include related financial instruments such as forwards and futures on fixed-income securities, interest rate swaps, bond options, and mortgage-backed securities. In addition to the analysis of specific types of fixed-income securities, there will be an examination of the tools used in bond portfolio management.