Fixed Income / Bonds PDF

Summary

This document provides an overview of fixed-income securities, specifically bonds. It covers topics including bond components like principle, maturity, and coupon; pricing and valuation; yield curves; and different types of bond issuers. A good resource for those studying finance or investment.

Full Transcript

Copyright © 2019 Optuma Pty Ltd 2 Copyright © 2019 Optuma Pty Ltd 3 Copyright © 2019 Optuma Pty Ltd 4 Copyright © 2019 Optuma Pty Ltd 5 ...

Copyright © 2019 Optuma Pty Ltd 2 Copyright © 2019 Optuma Pty Ltd 3 Copyright © 2019 Optuma Pty Ltd 4 Copyright © 2019 Optuma Pty Ltd 5 Copyright © 2019 Optuma Pty Ltd 6 Issuer Type Common Names United States Treasury Bonds, Notes, Bills Independent Sovereign, Federal, Countries National Germany Bunds, Bobls, Schatz State, province, State, Provincial, Local local government France Oats, BTFs, BTANs State, county, city Municipal, Tax-Exempt (USA only) United Kingdom Gilts High Grade, Investment Corporations Grade, Junk, High Yield Japan JBGs Copyright © 2019 Optuma Pty Ltd 7 Copyright © 2019 Optuma Pty Ltd 8 Face Market Quote Trading at Value Price $1,000 100 $1,000 Par A premium $1,000 102 $1,020 to par A discount $1,000 97 $970 to par Copyright © 2019 Optuma Pty Ltd 9 Copyright © 2019 Optuma Pty Ltd 10 Copyright © 2019 Optuma Pty Ltd 11 Copyright © 2019 Optuma Pty Ltd 12 Copyright © 2019 Optuma Pty Ltd 13 Copyright © 2019 Optuma Pty Ltd 14

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