BA5827 FIXED INCOME ANALYSIS
| Course Code: | 3125827 |
| METU Credit (Theoretical-Laboratory hours/week): | 3(3-0) |
| ECTS Credit: | 8.0 |
| Department: | Business Administration |
| Language of Instruction: | English |
| Level of Study: | Graduate |
| Course Coordinator: | Assoc.Prof.Dr. ÇAÐRI TOPAL |
| Offered Semester: | Fall or Spring Semesters. |
| Prerequisite: | Set 1: 3110311 , 3110312 , 3122802 , 3125802 , 3160381 , 9700521 |
| The course set above should be completed before taking BA5827 FIXED INCOME ANALYSIS . | |
Course Content
Fixed income securities are an important part of portfolios held by individual and institutional investors around the world. In countries like Turkey, where the stock market is fairly new and highly risky, and treasury securities offer very high real returns, investments in fixed income securities become even more important. Fixed income securities have characteristics that are quite different from equity investments. Therefore, investments in these securities are governed by completely different principles. Furthermore, there are wide varieties of fixed income securities with quite complex cash flow structures in developed markets. Therefore, the objectives of this course are to:* provide a review of different types of fixed income securities available in Turkish and international markets and their characteristics
* introduce interest rate models and their usage in valuation of complex cash flow streams of fixed income securities, and
* present professional fixed income portfolio management and evaluation of portfolio performance