Rockwell School of Business
Undergraduate

Term: Spring 2026
Session: Full Term (Jan 20 - May 08)
Start Date: Tuesday, Jan 20, 2026
End Date: Friday, May 08, 2026
Availability: On Campus
Day(s): Mon./Wed./Fri.
Time: 02:00 PM to 02:50 PM

This course focuses on fixed income securities such as bonds and preferred stock and related derivative securities such as interest rate futures contracts. Considerable emphasis is given to different types of debt instruments including money market securities Treasury bonds government agency securities municipal bonds corporate bonds convertible bonds and asset-backed securities. Also emphasized will be bond ratings interest rate risk bond risk measures such as duration and convexity bond portfolio immunization and the use of interest rate future contracts to hedge interest rate risk. Considerable attention will be paid to mortgaged-backed securities including mortgage bonds pass-through mortgage securities CMO's and such derivatives as floaters and reverse floaters.Prerequisite: FINA31003 Credits