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Unit of study_
FINC2122: Debt Capital Markets
2027 unit information
This unit covers the concepts required for investment in fixed income securities, managing bond portfolios and understanding debt markets. Topics covered include duration, convexity, interest rate risk, bond volatility and the term structure of interest rates. The more complex types of debt securities studied including mortgage-backed securities, bonds with embedded options and interest rate derivatives
Unit details and rules
Managing faculty or University school:
Business (Business School)
| Study level | Undergraduate |
|---|---|
| Academic unit | Finance |
| Credit points | 6 |
|
Prerequisites:
?
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FINC2110 |
|---|---|
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Corequisites:
?
|
None |
| Prohibitions:
?
|
None |
| Assumed knowledge:
?
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None |
At the completion of this unit, you should be able to:
- LO1. Calculate bond prices and yields and calculate and interpret the Macaulay duration, modified duration, dollar duration, and convexity of a bond.
- LO2. Derive a yield curve and explain the impact of inflation, liquidity and segmentation on the slope of the yield curve.
- LO3. Structure and manage a fixed income portfolio.
- LO4. Price derivative debt securities like futures, bonds with embedded options and swaps.
- LO5. Explain the benefits and challenges of the securitisation process.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
There are no availabilities for this year.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
|
Semester 2 2027
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
|
There are no availabilities for previous years.
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Modes of attendance (MoA)
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