Fixed Income and Debt Markets

FIN30021 12.5 Credit Points Hawthorn, Online, Sarawak

Duration

  • One Semester or equivalent
     
     
     

Contact hours

  • 36 hours

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.

2021 teaching periods

Hawthorn

Higher Ed. Semester 2

Dates:
2 Aug 21 - 31 Oct 21

Results:
7 Dec 21

Last self enrolment:
15 Aug 21

Census:
31 Aug 21

Last withdraw without fail:
17 Sep 21


Corequisites

Nil

Aims and objectives

The aim of this unit is to provide students with knowledge of fixed income and debt markets, securities and the relationship to interest rates, especially for corporations and governments. It will cover the quantitative techniques in valuing a variety of fixed income securities, including bonds with options and structured products. There will be analysing of credit and interest risk and performance of fixed income products, especially in light of current and historical economic uncertainties. The ethical issues surrounding investing in fixed income securities and how financial technology will disrupt this market in the future will be discussed.

Students who successfully complete this unit will be able to:
 
1. Analyse the characteristics of fixed income securities, debt markets, and valuation techniques
2. Identify the risks associated with fixed income securities and recommend measures to reduce these risks
3. Identify and explain the causes and consequences of debt distress in light of economic and financial crises
4. Discuss ethical and technological issues relating to fixed income securities and the investment decision making process and recommend solutions to address the issues
5. Evaluate the applications of financial technology in fixed income markets