Fixed Income Fundamentals (On-Demand - CFI)
Overview
In this course, we will explore the basic products and players in fixed income markets. We will introduce key bond features such as par value, coupon, yield curves, and credit spreads. Then, we will calculate the price of a bond using discounted cash flows and the relationship between a bond’s price and its yield. Clean prices, dirty prices, accrued interest, and day count are other fixed income topics discussed in this online course. Finally, we will explore bond risk measures, including Macaulay duration, modified duration, dollar duration, and convexity. We will then calculate the price sensitivity to yield changes using these risk measures.
This course uses real market data and examples of the most common Refinitiv screens for bonds. A wide range of exercises and real-life case studies are incorporated in the course to directly apply your knowledge on the job.
Access expires 180 days from purchase date |
Applicable for
Learning Objectives
Upon completing this course, you will be able to:
- define the key concepts of the basic fixed income instrument – bonds
- explain who buys bonds, who issues bonds, and the bond market
- examine the concepts of yield, coupon, and day count
- discuss the yield curve, credit spreads, and what they represent
- calculate the price of a bond and explain the relationship between price and yield
- measure the yield sensitivity of a bond by using duration and convexity
Content
Course Content Created: March 2020
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.About This Product
On-Demand Courses by CFI. Corporate Finance Institute (CFI) courses are designed for finance professionals and industry practitioners who want to master the art of corporate finance. The instructions on how to access this course will be included on your registration confirmation.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 3.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 4
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Fixed Income Fundamentals (On-Demand - CFI)
- 3.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 4
- Credits
Overview
In this course, we will explore the basic products and players in fixed income markets. We will introduce key bond features such as par value, coupon, yield curves, and credit spreads. Then, we will calculate the price of a bond using discounted cash flows and the relationship between a bond’s price and its yield. Clean prices, dirty prices, accrued interest, and day count are other fixed income topics discussed in this online course. Finally, we will explore bond risk measures, including Macaulay duration, modified duration, dollar duration, and convexity. We will then calculate the price sensitivity to yield changes using these risk measures.
This course uses real market data and examples of the most common Refinitiv screens for bonds. A wide range of exercises and real-life case studies are incorporated in the course to directly apply your knowledge on the job.
Access expires 180 days from purchase date |
Applicable for
Learning Objectives
Upon completing this course, you will be able to:
- define the key concepts of the basic fixed income instrument – bonds
- explain who buys bonds, who issues bonds, and the bond market
- examine the concepts of yield, coupon, and day count
- discuss the yield curve, credit spreads, and what they represent
- calculate the price of a bond and explain the relationship between price and yield
- measure the yield sensitivity of a bond by using duration and convexity
Content
Course Content Created: March 2020
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.About This Product
On-Demand Courses by CFI. Corporate Finance Institute (CFI) courses are designed for finance professionals and industry practitioners who want to master the art of corporate finance. The instructions on how to access this course will be included on your registration confirmation.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.