The seminar introduces bonds, defines the main types of bonds and describes the market conventions for major types of treasuries, strips, floaters (floating-rate notes) and inflation-protected bonds in different countries. Bloomberg screens are used to show how the market information is presented.

 

At the end of Intrinsic Value's training seminar in general characteristics of bonds the participant should be able to:

􀂅  Define and discuss the various characteristics of bond issues.

􀂅  List and discuss the Moody’s and S&P ratings for bonds.

􀂅  Define clean price, dirty price, accrued interest and bond yield.

􀂅  Define bond spread (yield spread) and bid/ask spread.

􀂅  Describe the impact of liquidity on spreads.

􀂅  Discuss strips, floating rate notes and inflation-indexed bonds.