Investment Banking

Bonds (Fixed Income)

Bonds as a subject focuses on the study of fixed-income securities that represent loans made by an investor to a borrower, typically corporate or governmental. The subject covers various types of bonds, including municipal, corporate, and sovereign debt, and details their features such as maturity dates, interest rates, and credit quality. Students learn about the pricing of bonds, the yield they offer, and the relationship between bond prices and interest rates. The subject also explores risk assessment, including credit risk and interest rate risk. Additionally, it examines bond markets, trading strategies, and the role of bonds in diversifying investment portfolios and financing operations for issuers. Through this subject, students gain a comprehensive understanding of how bonds function as an integral component of the financial markets.