Folks,
Herewith I have given below the link for Batch XII - Day 5 - Presentation made in Fast Track Webinar Series for IBBI Valuation Exam (SFA) on "FIXED INCOME SECURITIES"
FIXED INCOME SECURITIES (7 Marks) + Case Study (6 Marks) Minimum
- 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
Link for GKR Material on Valuation of Bonds (PDF)
Link for GKR Excel Worksheet on Valuation of Bonds (Spreadsheet)
Link for FAQ on Commercial Paper - RBI (HTML)
Link for FAQ on Fixed Income Securities - FIMMDA (HTML)
Valuation of investments as on 31st March 2021 - FIMMDA
http://fimmda.org/Uploads/general/FINAL_FIMMDA_Val._of_Inv_Circular_for_31-03-2021.pdf
Kindly post your comments, suggestions, queries & review of the webinar session below this post. Happy Reading | Please contact Dr S Dhanapal (96770 22712) / CA Sarpabushana (9880222208) for being part of FT11 WhatsApp group.
FT12 - Day 6 - Final Session - 6th JUNE 2021 (Sunday) - 08:30 am - Registration Link is given below:
https://meeting.zoho.in/meeting/register?sessionId=1322761079
Dr GKR
5th JUNE 2021
Saturday
Another Big Session today by Sir GKR on FIXED INCOME SECURITIES giving the aspirants an EXPONENTIAL INFLOW OF KNOWLEDGE....Long Live 3spro to spread knowledge.........CMA. Arun Kumar Mohanty, Bhubaneswar, 7002200401
ReplyDeleteAgain Very Excellent Session, Sir. Thank you much for sharing the knowledge and guiding the participants. CA. Dimpal Munjal, New Delhi.
ReplyDeleteExcellent sir.
ReplyDeleteCommitted teaching and sharing of key points and nuances with focus on examination, throughout the series. Many thanks, Sir.-Jayashree Sreeraman, Chennai
ReplyDeleteExcellent session sir. Keep rocking. thank you sir.
ReplyDeleteAgain Great Session on Fixed Income ! Greatly useful for exam !
ReplyDeleteI do not intend to give any exam as of now, but wanted to attend the sessions to just to see you in action again. What a way to teach? An excellent session, it's really heartening to know that despite all odds, you have made time for the participants.
ReplyDeleteThis is not just Fast Track Series, this is Sure Shot Fast Track Series!
ReplyDeleteFuture RV Srinivas Subramaniam
Bangalore
9972044975
Great learnings because of your initiative Sir. We are highly indebted bcoz of the great learnings imparted by you Sir. Thanks and Pranams to Dr.GKR sir With utmost obeisance - B.B. Prasad, Bangalore
ReplyDeleteFrom : Boddikurapati Nagesh Babu
ReplyDeleteDear Sri Raju Garu,
Namaskarams.
Modati roju session chaala bagundhi..
Rules chaala chakkaga ardhamayye reethilo chepparu..
Meeru cheppe vidhanam nachchutundhi kabatti, eppudu meeru sessions teesukunna, nenu tappakunda vintaanu..
Anni daanalalo Vidhya Danam chaala goppadhi antaru.. Ala Vidhya Danam chestunna meeku Kanakadurga Amma Varu sakala ayur arogyalu ivvalani korukuntunnanu.
Meeku dhanyavadamulu..
Mee
Nagesh Babu
(Prasthutham Dallas USA nunchi)
9963367206
highly vibrant sessions and you are unstoppable sir.....gave that fillip to churn the system on to rails..thankyou sir
ReplyDeleteRaghavendra, Hyd,9959860333