Fixed Income: Basic Concepts

Question 1

Debt Security Features: Bond Indentures

Answer 1

Question 2

Debt Security Features: Bond Features

Answer 2

Question 3

Debt Security Features: Coupon Structures

Answer 3

Question 4

Debt Security Features: Floating-Rate Securities

Answer 4

Question 5

Debt Security Features: Accrued Interest

Answer 5

Question 6

Debt Security Features: Amortizing and Nonamortizing Bonds

Answer 6

Question 7

Debt Security Features: Call Provisions

Answer 7

Question 8

Debt Security Features: Refunding

Answer 8

Question 9

Debt Security Features: Prepayment Option

Answer 9

Question 10

Debt Security Features: Sinking Fund

Answer 10

Question 11

Debt Security Features: Redemption Prices

Answer 11

Question 12

Debt Security Features: Embedded Options

Answer 12

Question 13

Debt Security Features: Margin Buying/Repurchase Agreement

Answer 13

Question 14

Bond Risks: Types

Answer 14

Question 15

Bond Risks: Discounts and Premiums

Answer 15

Question 16

Bond Risks: Price/Yield for an 8% Bond Graph

Answer 16

Question 17

Bond Risks: Interest Rate Risk Factors

Answer 17

Question 18

Bond Risks: Callable Bond Value - Graph

Answer 18

Question 19

Bond Risks: Floating-Rate Securities

Answer 19

Question 20

Bond Risks: Floating-Rate Securities - Problem

Answer 20

Question 21

Bond Risks: Measure interest Rate Risk with Duration

Answer 21

Question 22

Bond Risks: Price Impact of Yield Changes

Answer 22

Question 23

Bond Risks: Duration and Yield Curve Risk

Answer 23

Question 24

Bond Risks: Duration and Yield curve Risk - Graph

Answer 24

Question 25

Bond Risks: Callable and Prepayable Securities

Answer 25

Question 26

Bond Risks: Reinvestment Risk Factors

Answer 26

Question 27

Bond Risks: Forms of Credit Risk

Answer 27

Question 28

Bond Risks: Liquidity Risk

Answer 28

Question 29

Bond Risks: Exchange Rate Risk

Answer 29

Question 30

Bond Risks: Inflation Risk

Answer 30

Question 31

Bond Risks: Effects of Yield Volatility

Answer 31

Question 32

Bond Risks: Event Risk

Answer 32

Question 33

Bond Risks: Sovereign Risk

Answer 33

Question 34

Bond Risks: Interest Rate Risk - Problem

Answer 34

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Question 35

Bond Risks: Volatility Risk - Problem

Answer 35

Question 36

Bond Sectors & Instruments: Government Securiies

Answer 36

Question 37

Bond Sectors & Instruments: Sovereign Debt Issuance Method

Answer 37

Question 38

Bond Sectors & Instruments: U.S. Treasury Securities

Answer 38

Question 39

Bond Sectors & Instruments: On - and Off-the-Run Treasuries

Answer 39

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Question 40

Bond Sectors & Instruments: STRIPS

Answer 40

Question 41

Bond Sectors & Instruments: Securities Issued by Federal Agencies

Answer 41

Question 42

Bond Sectors & Instruments: TIPS - Problem

Answer 42

Question 43

Bond Sectors & Instruments: Mortgage-Backed Securities

Answer 43

Question 44

Bond Sectors & Instruments: Mortgage-Backed Securities - Tranches

Answer 44

Question 45

Bond Sectors & Instruments: Prepayment Risk

Answer 45

Question 46

Bond Sectors & Instruments: Motivation for Creating a CMO

Answer 46

Question 47

Bond Sectors & Instruments: State/Local Government Issues

Answer 47

Question 48

Bond Sectors & Instruments: Special Types of Munis

Answer 48

Question 49

Bond Sectors & Instruments: Corporate Bonds

Answer 49

Question 50

Bond Sectors & Instruments: Corporate Debt Securities

Answer 50

Question 51

Bond Sectors & Instruments: Debt Securities Issued by Bank

Answer 51

Question 52

Bond Sectors & Instruments: ABS

Answer 52

Question 53

Bond Sectors & Instruments: Collateralized Debt Obligations

Answer 53

Question 54

Bond Sectors & Instruments: Primary/Secondary Markets

Answer 54

Question 55

Bond Sectors & Instruments: Interest Rate Policy Tools

Answer 55

Question 56

Bond Sectors & Instruments: Yield Curve Shapes

Answer 56

Question 57

Yield Spreads: Term Structure Theories

Answer 57

Question 58

Yield Spreads: Treasury Spot Rates

Answer 58

Question 59

Yield Spreads: Yield Spread Measures

Answer 59

Question 60

Yield Spreads: Yield Spread Calculations

Answer 60

Question 61

Yield Spreads: Credit Spreads

Answer 61

Question 62

Yield Spreads: Embedded Options and Spreads

Answer 62

Question 63

Yield Spreads: Liquidity and Yield

Answer 63

Question 64

Yield Spreads: After-Tax/Taxable Equivalent Yields

Answer 64

Question 65

Yield Spreads: After-Tax - Problem

Answer 65

Question 66

Yield Spreads: LIBOR and Funded Investors

Answer 66