Fixed Income Markets

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

Bachelor or master level students

Course aim

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.

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: (Students from Iscte partner universities - 1 000€)

The programme on campus fee includes:

Tuition;
Course materials;
Team-building event;
Use of the library, PC labs and Iscte facilities;
Public transportation card in Lisbon;
Airport pick-up service (using public transportation);
Welcome lunch and farewell session,
Transcript of Records or Certificate of attendance (in case the student does not complete the course with success).
Leisure activities, such as visits to museums and trips outside Lisbon, are not included in this fee and are paid upon arrival in Lisbon.

Scholarships

Unfortunately, there is no scholarship available.