Portugal, Lisbon

Fixed Income Markets

when 11 July 2019 - 20 July 2019
language English
duration 2 weeks
credits 6 EC
fee EUR 1150

The main purpose of this course is to enable students to understand the mechanisms of the bond markets, use immunization strategies and use curve fitting techniques.

At the end of the course, the students will be able to:
- Value and formulate a trading decision for a bond;
- Compute the rate of return of an investment in the bond market;
- Implement immunization strategies;
- Estimate and interpret a yield curve.

Course leader

Dr. João Sobral do Rosário

Departament of Finance, ISCTE-IUL
PHD in Economics, University of California Santa Barbara.

Target group

The summer programmes are available for students at bachelor or master level and those who are interested in having an international academic experience at ISCTE Business School.

Credits info

6 EC
Usually the evaluation is based on class participation, individual / group work and a final test but this may vary from programme to programme. Therefore, we recommend you to check each programme syllabus to see the grading system that is applied.

For those who successfully complete the course (get approval on their programme and do not miss more than 20% of the classes) an Academic Transcript will be issued. This transcript will indicate the total of hours, the ECTS credits earned and the respective grade in ECTS scale. For those who failed the course, a Certificate of Attendance will be given.

Fee info

EUR 1150: If the student withdraws the application before 31th May, 200€ of the amount paid will be retained by ISCTE and the rest refunded (bank fees charged will be borne by the student). In case of cancellation after 31th May no reimbursements can be made.


Unfortunately, there is no scholarship available for summer schools but we can recommend this website: http://www.scholarshipportal.eu/ where you may look for some financial support to come to Lisbon.