Bond Markets

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including pricing, yield measuring, risks of bond, features of bonds with ... Bond Markets, Analysis, and Strategies, Frank J, Fabozzi, Sixth edition, 雙葉書廊.
Bond Markets

Instructor: Dr. Ching-chang Wang Office: S408-8 Office hours: To be announced Phone: (06)2533131 ext. 5327 E-mail: [email protected] Personal website: http://faculty.stut.edu.tw/~johnsig/ Course Description: This course provides a basic analysis of important concepts in the bond markets, including pricing, yield measuring, risks of bond, features of bonds with embedded options, and interest rate derivatives etc. It is highly suggested that students might have the basic concepts of financial markets or financial instruments. The goals of this course are to demonstrate the fundamental tools that are commonly used for pricing and hedging debt instruments. Tentative Schedule: W1-3

The Fundamental Features of Bonds

W4-5

Pricing of Bonds; Measuring Yield of Bonds

W6-8

Bond Price Volatility

W9-11

The Term Structure of Interest Rates

W12-14

The Features of Treasury Securities and Corporate Debt Instruments Markets

W15

Analysis of Bonds with Embedded Options

W16-17

Bond Portfolio Management Strategies

W18

Interest-Rate Futures and Options Contracts

References: Bond Markets, Analysis, and Strategies, Frank J, Fabozzi, Sixth edition, 雙葉書廊. 《債券市場》。薛立言、劉亞秋。東華書局。 Grading Criteria: Assignments and/or bonus points: 10% Midterm exam: 40% Final exam: 50%