The overall purpose of the course is to provide coverage of the products, analytical techniques for valuing bonds and quantifying their exposure to changes in interest rates, and portfolio strategies for achieving investment objectives.
The course will cover the following topics:
Pricing of bonds.
Measuring yield.
Bond price volatility.
The term structure of interest rates.
Factors affecting bond yields and the term structure of interest rates.
Interest rate models.
Analysis of bonds with embedded options.
Active bond portfolio management strategies.
Interest rate futures contracts and interest rate options.
Financial economics 3, fixed income securities, 7.5 credits
Spring Term 2024
Starts
15 January 2024
Ends
14 February 2024
Study location
Umeå
Language
English
Type of studies
Daytime,
100%
Required Knowledge
90 credits of which at least 7.5 credits in mathematics containing calculus, such as One-dimensional calculus 1 or Mathematical Economics I D7. Proficiency in English equivalent to the Swedish upper secondary course English 6.
Application deadline was
16 October 2023.
Please note: This second application round is intended only for EU/EEA/Swiss citizens.
Submit a
late application
at Universityadmissions.se.
As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.
