Introduction to Fixed-Income
 /  Introduction to Fixed-Income
Introduction to Fixed-Income

Professor: Alexandre PIAZZA, Director of Investments, Groupama AM

Objective: The aim of the course is to introduce the students to fixed income and credit markets. We recall the basis of interest rate markets, the technical structure of a bond, its sensitivity parameters, methods of pricing, different requirements and complexity, risk hedging techniques. We also provide students with an introduction to bond portfolio management choices.

Outline:

I - Interest rates

II - Bonds: technical definitions

III - Bonds: pricing

III - Bonds: sensitivity parameters

IV - Bonds: rating and seniority

V - Bonds: credit spreads

VI - Risk coverage: interest rate risk

VII - Risk coverage: spread risk

VIII - Trading and management: basic methods

Grading: Final exam at the end of the semester.

Bibliography:

  • Choudry, M., Fixed Income Markets: Management, Trading and Hedging, Wiley
  • Strumeyer, G., Wiley Investing in Fixed Income Securities
  • Fabozzi, F. J., The Handbook of Fixed Income Securities, Wiley

General information

Address :

122, rue de Vaugirard
75006 Paris, FRANCE

L4 L6 L12 L13 Montparnasse
L10 L13 Duroc
L4 Saint-Placide
L12 Falguière

Phone :
+33 (0)1 53 63 80 76

Email :
secretairembf@u-paris2.fr

RECRUITMENT

Shortlisted results announced
June 12th, 2020

Interviews

Final admission results
July 1st, 2020

Administrative registration
From July 1 to 15, 2020

en_GBEnglish
fr_FRFrench en_GBEnglish