Educational guide Faculty of Business and Economics |
english |
Business Management (2016) |
Subjects |
FINANCIAL PRODUCTS AND INSTRUMENTS |
Contents |
IDENTIFYING DATA | 2023_24 |
Subject | FINANCIAL PRODUCTS AND INSTRUMENTS | Code | 16665211 | |||||
Study programme |
|
Cycle | 2nd | |||||
Descriptors | Credits | Type | Year | Period | ||||
3 | Optional | First | 2Q |
Competences | Learning outcomes | Contents |
Planning | Methodologies | Personalized attention |
Assessment | Sources of information | Recommendations |
Topic | Sub-topic |
Topic 1. Financial assets. Assets and fixed income markets | 1.1. Concept and type of assets 1.2. Financial structures of a fixed income asset 1.3. Public and private fixed income markets |
Topic 2. Value, profitability and risk of a fixed income asset | 2.1. Value and price of a fixed income asset 2.2. Profitability of a fixed income asset 2.3. Risks associated with a fixed income asset 2.4. Interest risk: reinvestment risk and price risk |
Topic 3. Interest rates in fixed income markets | 3.1. Spot interest 3.2. Forward or implicit interest 3.3. Temporal structure of interest rates and yield curve 3.4. Explanatory theories of ETTI |
Topic 4. Quantification of interest risk: duration and complementary measures | 4.1. Introduction 4.2. Duration of a fixed income asset 4.3. Duration properties 4.4. Duration utilities 4.5. Complementary measures to duration: convexity and dispersion of flows around the planning horizon |
Topic 5. Portfolio management strategies | 5.1. Passive management based on immunization 5.2. Active management 5.3. Mixed strategies |