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| Section | Objectives |
|---|---|
| Topic 1: Portfolio and Risk Management | - Hedging strategies and risk management - Fixed income portfolio construction - Market practice and regulatory considerations |
| Topic 2: Credit Trading | - Default probability and recovery rates - CDS indices and structured credit products - Credit default swaps (CDS) and credit hedging - Credit risk, spreads, and ratings |
| Topic 3: Interest Rate Derivatives | - Counterparty risk and derivatives market practice - Interest rate options and inflation derivatives - STIR futures and bond futures - Interest rate swaps and swap futures |
| Topic 4: Fixed Income Analysis | - Fixed income securities and interest rates - Interest rate risk measurement and management - Monetary policy and yield curve dynamics |
| Topic 5: Structured Securities | - Securitisation basics - Bonds with embedded options - Inflation-linked securities |
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