Folks,
Herewith I have given below the link for Batch XVII - 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 Master Direction on Classification, Valuation and Operation of Investment Portfolio of Commercial Banks - RBI (PDF)
Link for FAQ on Fixed Income Securities - FIMMDA (HTML)
Valuation of investments as on 31st March 2023 - FIMMDA (PDF)
https://www.fimmda.org/Uploads/general/FIMMDA_VOI_Circular_for_2023_Updated_as_on_31-03-2023.pdf
Discussion Paper on ECL framework for Provisioning by Banks - RBI (PDF)
Registration Link for 6th day FT17 - Fast Track Webinar for IBBI Valuation Exam - 13th May 2023 - Saturday
Dr GKR
12th MAY 2023
Friday
Dr GKR FB Page has crossed 10K followers
Thank you for your Valuable time. This classes would help us immensely in preparation for our exams
ReplyDeleteThank you so much sir for spare Valuable time. All the classes are excellent which is very helpful for preparation of Valuation Exam. With Deep Regards
ReplyDeletehank you so much sir for spare Valuable time. All the classes are excellent which is very helpful for preparation of Valuation Exam. With Deep Regards
DeleteWonderful session motivated for planned systematic strategy for preparation for valuation course
ReplyDeleteYour lectures all these five days were commendable and made us visualize such finer points and how to read between the lines, which we tend to forego many a times. I am most interested in attending to the Case Studies lectures, I will request the co-ordinator to send the link to my email id at casukhdevmadnani@hotmail.com. Thanks and all regards. From Sukhdev Madnani, New Delhi, 9313337646.
ReplyDeleteThank you sir for such a wonderful session S Handa
ReplyDeleteTHE WAY FIXED INCOME SECURITIES ARE EXPLAINED THRU FIMMDA CIRCULAR IS SIMPLY AMAZING AND WONDERFUL.....KUDOS...
ReplyDeleteNice session as always. Kindly send me the link for the 6th day i.e. today . Regards
ReplyDeletemy mail is manmohanjindal21@gmail.com
ReplyDeleteSir, Requesting you to All classes materials, PPTs and Excel Sheets in Zip folder provide us a link Sir.PLease add me all the Seminars and classes related to SFA IBBI Sir. Thank you very much. Please let us if you are taking Detailed Classes for SFA IBBI
ReplyDelete