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.
Dr. João Sobral do Rosário
Departament of Finance at ISCTE-IUL;
PHD in Economics, University of California Santa Barbara.