Name: Fixed Income Fundamentals
Rating: 4.83 (102 reviews)

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Overview

Fixed Income Fundamentals Course Overview

In this Fixed Income Fundamentals course, we will explore the basic products and players in fixed income markets. We will introduce key bond features such as par value, coupon, yield curves, and credit spreads. Then, we will calculate the price of a bond using discounted cash flows and the relationship between a bond’s price and its yield. Clean prices, dirty prices, accrued interest, and day count are other fixed income topics discussed in this online course. Finally, we will explore bond risk measures, including Macaulay duration, modified duration, dollar duration, and convexity. We will then calculate the price sensitivity to yield changes using these risk measures.

This course uses real market data and examples of the most common Refinitiv screens for bonds. A wide range of exercises and real-life case studies are incorporated in the course to directly apply your knowledge on the job. This online course can be taken on demand from anywhere in the world.

Fixed Income Fundamentals Learning Objectives

Upon completing this course, you will be able to:

Define the key concepts of the basic fixed income instrument – bonds
Explain who buys bonds, who issues bonds, and the bond market
Examine the concepts of yield, coupon, and day count
Discuss the yield curve, credit spreads, and what they represent
Calculate the price of a bond and explain the relationship between price and yield
Measure the yield sensitivity of a bond by using duration and convexity

Who Should Take This Course?

This Fixed Income Fundamentals course is perfect for anyone who wants to build up their understanding of capital markets. This course is designed to equip anyone who desires to begin a career in fixed income, equity, sales and trading, or other areas of finance with the fundamental knowledge of fixed income.

Fixed Income Fundamentals

Led by Andrew Loo

Get Started

Level 3

Approx 3.5h to complete

100% online and self-paced

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What you'll learn

Lesson

Multimedia

Exams

Files

Fixed Income Overview

Course Introduction Free Preview

Downloadable Files

What is Fixed Income Free Preview

Introduction to Bonds Free Preview

Who Invests in Bonds? Free Preview

Who Issues Bonds Free Preview

Risks of Investing in Bonds

Example of a Bond

Example of a Bond - Refinitiv

Bond Market

The Life Cycle of a Bond

Interactive Exercise 1

Coupon and Yield

Accrued Interest and Day Count Conventions

Day Count - Actual/Actual

Day Count - 30/360

Day Count - Actual/365

Day Count Examples

Interactive Exercise 2

Yields

Nominal, Effective, and Real Yield

Interactive Exercise 3

Yield Curve and the Economic Cycle

Yield Curve Shapes Demonstration

Interactive Exercise 4

Bond Prices and Yields

Bond Price

Bond Price Excel Demonstration

Clean Price and Dirty Price

Price Fluctuations and Drift-To-Par

Bonds Prices and Yields

Interactive Exercise 5

Summary

Download the Solution Files

Course Summary

Qualified Assessment

This Course is Part of the Following Programs

Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.

All Capital Markets & Securities Analyst (CMSA)® Courses

Fixed Income Fundamentals is part of the Capital Markets & Securities Analyst (CMSA)® certification, which includes 41 courses.

Skills Learned Trading strategies used in the finance and capital markets
Career Prep Work in capital markets, whether on the buy-side or the sell-side

Learn More

Financial Planning & Wealth Management (FPWM)™ Certification

Fixed Income Fundamentals is part of the Financial Planning & Wealth Management (FPWM)™ certification, which includes 26 courses.

Skills Learned Financial Learning, Business Development, Investment Management, Practice Management, Relationship Management
Career Prep Financial Planner, Investment Advisor, Portfolio Manager

Learn More

What our students say

I simply feel empowered and happy about myself when I am taking the courses.

Biruk Getachew Mekonnen

Good course for those who wishes to have a career in banking and fund investment
Easy to follow, clear and precise and most important, preparing us for a real work knowledge.

Aidil Mustapah

Fun and Engaging
Informative, fun and engaging.

Tharindu Nalaka

Love it
It's a pleasure to study with CFI lecturer and modul courses

Arvin winatha

Great
I really like this course , the structure is amazing to let some one with zero Knowledge of fixed income to understand the its fundamentals

khalid alaraimi

Engaging
So engaging that it invites you to know and learn more, but less detail.

Mugabi Christopher Duke

Good course
Could you please lay out in the slideshow that if yield is X, then convexity is Y, for instance?

Corinne Brown

AWESOME
Anyone interested in fixed income from bonds, it's ideal.

Donald Patrick Okumu Ringa

Nice Course
Highly Recommendable

Samson Owolabi

GREAT
This was a great encounter.

Victor Musonda

Strongly satisfied
I rated it as strongly satisfactory as I'm very satisfied with the overall explanations regarding fixed income.

Atinafu Asefa

Great course
I feel like a Fixed Income Guru now

Powell Alexander

to it are when do for
for to in at when do is did

Devil Daeth

Good Experience so far.
Very clearly explained. The excel worksheet is very very helpful.

Mridul Putatunda

Great intro!
This course was a great introduction into Fixed Income markets!

Giovanni Botello

Great attention to detail
This course dives deep into some topics, which really helps you to understand fixed income.

Auron Illing

very interactive
i love the program and will recommend it to my colleagues

Ademola Ayodeji

Excellent course
Teacher is very knowledgeable

Eric Aubry

Very informative course
The instructor, the examples and the material were very explanatory.

Konstantinos Lekkas

best FI-program I ever took

Niklas Doehn

Great way to start learning about bond markets.
This course presents some of the major concepts about bonds and fixed income in a well planned flow.

Martin Azevedo

Top Knowledge!
All information is well crafted with adequate practical knowledge. The exercises were really helpful.

Olushola Odutola

Great explanations and content
Excellent course. Thank you very much

Rodrigo Vivas

Most amazing Burst of Knowledge
Most amazing Burst of Knowledge

Muhammed Sameer Hassan

Great
Happy to have enrolled

Diego Leon Quilotte

Fixed Income Fundamentals - A very informative course
The knowledge material and content was excellent and very well delivered too. Would recommend this course to all interested in learning about fixed income fundamentals.

Carlos Fernandes

Good learning, rough testing
Please check the materials used to help with calculations.

Michael Li-Seabrooks

Great teaching & a wonderful addition to my certifications!
The quality of instruction was very good and the assessments were very reasonable for someone without much prior experience in finance.

Amy M. Blackwell

Very detailed for a "Fundamentals" course
This course was much more detailed than I initially predicted for a Fundamentals introduction to Fixed Income. You will learn about Yield Curves, Credit Spreads, Duration and Convexity, among others.

João André

Great Course
Great introduction to the complex and jargon filled world of Fixed Income

Lin Li

Awesome!
This course was great!

Eli Lloyd

Fixed Income course
Great course with great detail. Introduced complex topics at a pace one can grasp.

Desire Matabane

Very informative
Learned more about fixed income

Nkondog Anselme Venceslas

it's absolutely nice!
very clear and informative

Sheetal Sundaray

Wonderful Course!
Wonderful! The course had strengthen my understanding about fixed income and its components.

Reri Nandar Munazat

Great information
Very happy with my experience so far

Jonathan Cancilla

Interesting!
Lovely illustration!

Ahmed Magdy Mohammed Farid Elsayed

Excellent course
Excellent coverage for most of the concepts.

Amit Bhatnagar

Amazing
Great content and excellent explained videos

Abdelrahman Meltaha

The course is amazing
The step-by-step explanation helps a lot!

Scherzo Naiborhu

CFI learning experience
Very effective courses for refreshing and deepening knowledge. I can't imagine a more practical way for quickly explaining things!

ALKET GRADECI

Swift and straight to the point
the material was concise and perfectly elaborated

Ahmad AlHajeri

I recommend this course to others
I have completed this course about Fixed Income Fundamentals and I would like to recommend it to everyone involving in the Capital Market and Investment sector.

Feguens Marcelin

Good Experience , adding value for me
Need to add more details , specially for calculations

Ahmed Abdelsalam

Very Good
Perfect balance between theory and practice.

Rodrigo Otero Marrapodi

If you are already interested in finance/investing, you will appreciate this course!
This course definitely taught me things about fixed-income assets I was not aware of before!

zion sanders

I find the downloadable contents extremely useful and handful, especially the bond calculator

Femi James

This is easy platform to navigate while learning
The modules are well laidout easy to understand and easy to navigate by any one.

Kisambira jimmy

Great Course
Highly informative and well structured.

Andre Robert

It was very good
As a newbie in the bond market it took me a while to grasp the materials, but after going over a few times it made sense. thank you

Veronica Nantege Njuba

Excellent
Its an excellent course to understand all the background calculations and key industry terms for Fixed Income assets.

Ashish Gaggar

Fantastic course work on the basics of Fixed income
Easy to understand. Best practical course out there at the moment on fixed income.

Brendon LUEE

Fixed income fundamentals
The course was very Interesting, amazing and productive!

Irakli Partsvania

Fantastic Introduction to Fixed Income Concepts
This course covers the most fundamental concepts in fixed income market, including duration and convexity. I would recommend this course to any student who wants to learn about fixed income in a much more applied approach than a traditional and theoretical in a typical master's degree classroom.

Jingze Sun

Fixed Income
Fixed Income Fundamental is very informative and good to know calculations for Durations and convexity.

Khaleeq Ahmed

Thanks for this insightful course. The course was excellently summarised and still covered the key areas.

Macdonald Ossuetta

Really a concrete course to understand the Fundamentals of Fixed Income
Explanations on correlation between Bond Price and Yield, Macaulay Duration, and the importance of Convexity adjustment are exceptional!!!

Kandan Deivasigamani

Good introduction to Fixed Income
This course provides the comprehensive and fundamentals of Fixed Income with practical demonstrations. Also, special thanks for the downloadable excel templates for more practices.

Kwong Sang Yeung

Good presentation of the fundamentals with examples making it easier to understand .

venugopal rajamanuri

FIXED INCOME FUNDAMENTALS
I am thoroughly blown away by the course content. Very informative and practical and allows you to take a step by step approach to learn.

Ibrahim Shelleng

Practical
I had a lot of this knowledge at university, but never with this approach, very practical !!! For any student with a desire to become a financial analyst and work on investment, this course is highly practical.

Benjamin Briner Prenafeta

This course in particular I found to be very resourceful. I have yet to complete the many others, but so far this one has been crucial to my understanding of financial instruments. When I started my studies some years ago, I was fascinated by the way stocks and bonds work. No pun intended, but this course will be instrumental to anyone wanting to understand how bonds work as fixed income instruments.

Marco Pelser

Easy Learning for Fixed Income
Easy and useful way to learn the Fixed Income and the bonds as debits. Understanding the structure and function of the primary and secondary fixed income markets. Describing the contract features of bonds, yield calculation.

Walid Metwally Salem

Rating of course
I really enjoyed this course, I haven't taken the assessment but I am confident that I will make it with the first attempt. The design of the course with some demonstration of a bond is welcome. Not everyone who does this course have seen or encountered a bond, therefore, just seeing it as part of the demonstration is really welcomed. Some areas of imporvement will be to have a high level summary, instead of the course sort of return in pdf format. I think, for some of us who do not have free time, we could do with such summary, especially when sitting for the assessment, it could have to use as preparation. But overall, I enjoyed the course.

Titus Kamatuka

Please review your material
Hello! I am very satisfied with your offered courses, but there are some minor mistakes all over them. Some are of the nature of finance theory (for instance, you classified individual investors as institutional investors. Some are more technical (videos without closed captions etc.). Also, the UI could be more practical. It bothers me that I have to manually turn on CC for every new video I watch. Also, it would be great if videos about topics could be set on autoplay or something, because it is kind of tiring to click next and then on the next topic after videos who aren't even a minute long. Even in this form there are minor mistakes, like the rating only displays one marked star at a time, and there is something on top of "Tell" at the top of the page. These details make you look unprofessional and make me doubt the credibility of the studies I am paying for. Still, overall I am happy about FMVA course. Regards, Reinis

Reinis Rudolfs Ozolkaja

Fixed Income Fundamentals Course Review
The material in the course is somewhat challenging to understand on it's face. However, CFI does a great job at explaining it so it comes off as intuitive. It may take another 1 or 2 course completions to understand the underlying concepts due to their nature but overall the course does a great job at hitting all of the fundamental fixed income building blocks.

Brenden K

Fixed Incomne Fundamentals
I nice introduction to fixed income

Leon Petersen

thanks for being with me along my lessons and exams I made again

KANNY SIBOZA

Fixed Income Fundamentals
Despite the fact that I worked as a Financial Planner for many years during my previous work experience In Italy, the course has been very good because I have the possibility to study more in debt the topic. In addition, also the teacher was very clear during the explanation.

Davide Carisi, MBA

Fixed income
The course gave me the necessary challenges, and the lecturers presented the course excellently. However, the downloadable notes were too summarized. They had little help in the qualifying test.

ngoni simon maiwasha

Fixed Income
Teaches you more in the financial market of Bonds Maths and equity, FED monetary policy and yield curve Analysis. Has enhanced my investment Banking Skills. Thanks

Teka Derick Tikum

Very good explanation
Many concepts were clearly explained. Well done Sir!!!!

Hariharan Sairam

Very good explanation
Many concepts were clearly explained. Well done Sir!!!!

Hariharan Sairam

VINEESH RAMESH

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