Folks,
Herewith I have given below the link for Batch VI - Day 5 - Presentation made in Fast Track Webinar Series for IBBI Valuation Exam (SFA) on "FIXED INCOME SECURITIES"
FIXED INCOME SECURITIES - New Syllabus
- Types of fixed income securities: categories of fixed income securities i.e. debt and preferred stocks along with different rights attached to both categories
- Types of debt instruments: sovereign securities; state and local government bonds; semi-government/agency bonds; corporate debt securities; corporate bonds; money market securities in relation to investments (CP, CD, T-Bills); tax free securities; asset backed securities
- Terms used in fixed income securities: fixed income securities; bond indenture; issuer and holder; covenants; maturity; par value, coupon rate, clean price, dirty price; repurchase agreement; yield to maturity, yield to put, yield to call; forward rate and spot rate
- Bond duration: Macaulay duration, Modified duration, Effective duration, Key duration
- Credit rating of bonds: risk assessment and factors considered in assigning credit rating
- Embedded options for issuer and holder; call/put for repayment; cap and floor on coupon; conversion options; pre-payment options
- Derivative products: types of derivative products; calculation of swap rates; valuation of swaps; accruals on swaps
- Related Fixed Income Money Market and Derivatives Association of India circulars for Non-SLR bonds, Traded bonds, Non-traded bonds-rated, Non-traded bonds-not rated, Floating rate bonds, Staggered redemption bonds, Perpetual bonds, Deep discount bonds, Bonds with call/put options, Tax free bonds, Security receipts/Pass through certificates
- This chapter in IBBI Valuation exam carries 6 to 8 marks | FIMMDA – FAQ on Fixed Income Securities | Master Circular No. DBR No BP.BC.6 /21.04.141/2015-16, dated 1st July, 2015, FIMMDA jointly with PDAI publishes – 29/3/2019 & 31/3/2020 | Bond, Duration, Types of Bond, Bond Holder, Bond Issuer | YTM, YTC, YTP | Credit Rating, Interest Rate Derivatives
- After investing substantial amount of time and Himalayan size of Efforts, Research & Pain; this material is brought out.
- Your acknowledgement (with your name, location & contact no) in this blog by few words will be an encouragement for this Hard Work
- RBI Site link for Commercial Paper FAQs
- For FAQ on Fixed Income Securities – FIMMDA link
- Dr GKR Presentation Link
- FIMMDA - Valuation of Investments - RBI Circular – link below
- GKR Worksheet Link
Kindly post your comments, suggestions, queries & review of the webinar session below this post. Happy Reading | Please contact Dr S Dhanapal (96770 22712) for being part of FT6 WhatsApp group.
Dr GKR
Thanks a lot for sharing info about relevant material links like FIMMDA and RBI Source.
ReplyDeleteRegards,
D Gururaj
Thanks for sharing.
ReplyDeleteFor a valuation syllabus of this depth, Dr. GKR has invested his in-fungible time to not only compile data across cross section of regulators, but also framed MCQ's from these compilation for the benefit of valuation aspirants.
ReplyDeleteIt will not be an overstatement to state that the “6-day Fast track” free course offered by Dr. GKR can be considered as part of ‘skilling’ valuation aspirant by providing them with the confidence and professionalism as the nation embark on the journey of institutionalisation of valuation profession. Sincere thanks Dr. GKR.
Excellent session. Humongous effort and time to frame all these MCQs plus sharing all the notifications and explaining indepth everything in such a short span of time. Towards the end of the class we feel so confident Sir. Great teaching. Thank you so much Dr GKR Sir for sharing your knowledge with us and instilling confidence in us.
ReplyDeleteThanks a lot for your huge preparation to impart knowledge in a concise and filtered way even by hand holding and sharing info about relevant material links from RBI Website . Our grateful respects to GKR Sir!!
ReplyDeleteSir,
ReplyDeleteYou are taking too much effort and that too without anything in return.. knowledge that you are sharing and compiling and the way you are teaching is Excellent...
You are building our confidence...
Thank you once again.
Hemal Shah
Practicing Company Secretary
Mumbai
GKR Sir, your efforts in making the concepts simple to understand is really great. Few days back I did not know how to summarize the fixed income securities concepts and was completely blank on how all this works. But your session made this easy and helped me in retaining the concepts. The primary source links are very helpful in preparation. Thank you for your time and efforts in making our preparation easy and joyful. Jyostna K
ReplyDeleteReally it was wonderful class and knowledge sharing..
ReplyDeleteRaghavendra Bhat
Bangalore
8951532022
Excellent session
ReplyDeleteHare Krishna Sir
ReplyDeleteWish You Very Happy Birthday ( CA, CS, CMA, RV, IP............ Dr Gopal Krishna Raju Sir) Wish You Long Healthy and Wealthy Life and Happy Peaceful Life.
Hare Krishna Hare Krishna Krishna Krishna Here Here
Hare Ram Hare Ram Ram Ram Here Here.