This course gives a brief introduction to the financial markets in South Africa with a focus on the Fixed Income Markets. It covers the terminology, pricing and risk characteristics associated with fixed income instruments (bonds).

The couse consist of 5 presentations:

1. Financial Markets
2. The Bond Market
3. Risk Associated with Fixed Income
4. Bond characteristics and valuation
5. Macro Environment

Educational Aim:

The aim of this module is to provide an overview of fixed income markets and the pricing and risk relationships of these securities.

Educational Outcomes

Upon completion of this module learners should have a clear understanding of fixed income securities, bond pricing and valuation as well as the risks associated with it.