This course describes the concept of bond futures and basis trading as used in the futures market. Key concepts such as cheapest-to-deliver bonds, implied repo rates and conversion factors are discussed in detail. The course also covers zero-coupon bonds, high yield debt, the concept of relative value trading, and the use of derivative instruments to hedge a fixed income portfolio. A solid understanding of futures and fixed income is assumed.
This value pack includes nine courses:
- Bond futures
- Bond futures basis
- Basis trading
- Zero-coupon bonds
- High yield debt
- Bond hedging with options
- Bond hedging with swaps
- Relative value trading - an introduction
- Relative value trading - strategies and risks
Click here for a full description of each course.
These courses form part of the Intuition short course suite.
