East Asia Institute of Management 东亚管理学院 (EASB) English

Introduction to Bonds and Fixed Income

This course is designed to introduce bankers and corporate professionals (particularly corporate treasurers) alike who use Bonds as investments. At the onset, the evolution of the debt market will be discussed, highlighting corporate and government bonds, as well as the establishment and future of the Bond market in Singapore.

The course covers the fundamentals of time value of money – discounting cash flows and net present values, and eventually takes the students to the ultimate level of Bond math.

Market practices and conventions will also be introduced. And at the last stage, risk analysis, hedging, rewards, and portfolio management of Bonds will be covered.

Course Objective:

1. To familiarize the participants with the Bond market.
2. To enable the participants to use Bonds as investments comfortably.
3. To ensure participants can understands the risk involved in investment Bonds.

Outline:

1. The Bond market and its existence.
2. Fundamental math of interest rate market.
3. Risk management of Bonds.
4. The Bond market and its existence.
5. The time value of money.
6. Cashflow analysis.
7. Discounting cash flows
8. Net Present Values
9. Bond pricing.
10. Market practices and conventions.
11. Yield curve play.
12. Risk analysis of Bonds
13. Duration – Macauley verses Modified.
14. Convexity – the second derivative.
15. Hedging (immunization)
16. Investment and its conducive timing.

For whom:
Bankers and corporate professionals who uses bonds as investments.

Duration:
2 days

Fees
$750                              
*Subject to prevailing GST of 7%.

Trainer Profile
Mr Lai Kum Hung has his forte in treasury activities with regard to the trading and sales of derivative instruments with various blue-chip banks both here in Singapore, Holland, and in London, and has worked extensively with their private and corporate banking arm. He was also a financial analyst, a senior consultant in Seoul, Korea - consulting on treasury activities and risk management for the banking industry, and a full time trainer with institutions of higher learning (SMa, Raffles Acadamy, PSB etc). He has conducted countless seminars, workshops, and courses to both institutional and private clients in all of his capacities either in classroom settings, or on-site training to various corporations in the Asia Pacific region. Kum Hung graduated from an Ivy-league university in the US (Columbia University) with an MBA, and earned his bachelor degree in Electrical and Computer Engineering from the State University of New York.

IMPORTANT NOTE:
1.   Replacements are allowed without charge. Please inform us of the replacement in writing at least 3 days before the commencement date.
2.   Cancellation received less then 10 working days prior to the workshop will carry a 30% administration fee.
3.   Confirmation will be sent out via email 2 weeks prior to the commencement date.
4.   EASB reserves the right to reschedule/cancel a workshop in the event of unforeseen circumstances.


For further information, please contact 6370 8865 / 6278 5550, or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it