Fixed-Income Issuance and Trading

Free CFA Level I lesson in Fixed Income. 13 min read, ~1,908 words.

Issuer segments: sovereign, non-sovereign government, supranational, corporate (financial and non-financial), and securitized (issued by SPEs). Investor base is institutional-dominant: central banks, pensions, insurers, sovereign wealth funds, mutual funds, banks, hedge funds. Index types: broad market, sector, style (maturity, credit, currency), custom/strategy. Most are weighted by amount outstanding, creating the bums...

What this lesson covers

• Content
• Example 1
• Example 2
• Common Mistakes
• Check Your Understanding
• Exam Shortcuts

Learning objectives

• issuance and trading

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