Level I CFA® Program Prep (2023) – Fixed Income

Fixed Income Securities: Defining Elements
4 Nuggets | 1 Quiz
Basic Features of Fixed Income Securities
Coupon Structures
Legal, Regulatory and Tax Considerations
Contingency Provisions
QUIZ: Fixed-Income Securities: Defining Elements
Fixed-Income Markets: Issuance, Trading, and Funding
6 Nuggets | 1 Quiz
Overview of Global Fixed Income Markets
Primary and Secondary Bond Markets
Bonds from Government and Government-related Sectors
Corporate Debt
Structured Financial Instruments
Short-Term Funding for Banks
QUIZ: Fixed-Income Markets: Issuance, Trading, and Funding
Introduction to Fixed-Income Valuation
5 Nuggets | 1 Quiz
Bond Prices and Time Value of Money
Bond Prices: Quotes and Calculations
Bond Yield Measures
Maturity Structure of Interest Rates
Yield Spreads
QUIZ: Introduction to Fixed-Income Valuation
Introduction to Asset-Backed Securities
7 Nuggets | 1 Quiz
How Securitisation Works
Residential Mortgage Loans
Residential Mortgage-Backed Securities
Commercial Mortgage-Backed Securities
Non-Mortgage Asset-Backed Securities
Collateralised Debt Obligations
Covered Bonds
QUIZ: Introduction to Asset-Backed Securities
Understanding Fixed-Income Risk and Return
8 Nuggets | 1 Quiz
Sources of Return
Macaulay Duration
Modified Duration and Money Duration
Approximate Modified Duration and Convexity Adjustment
Effective Duration and Key Rate Duration
Duration of a Bond Portfolio
Factors that Influence Interest Rate Risks
Empirical Duration
QUIZ: Understanding Fixed-Income Risk and Return
Fundamentals of Credit Analysis
8 Nuggets | 1 Quiz
Credit Risks
Capital Structure and Seniority Rankings
Credit Ratings and Ratings Agencies
Corporate Credit Analysis
Corporate Credit Analysis (Ratios)
Credit Yields and Spreads
Special Considerations of High Yield Credit Analysis
Special Considerations of Sovereign and Non-Sovereign Credit Analysis
QUIZ: Fundamentals of Credit Analysis
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Bond Prices: Quotes and Calculations

Level I CFA® Program Prep (2023) – Fixed Income Introduction to Fixed-Income Valuation Bond Prices: Quotes and Calculations
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