CFA Level II Fixed Income

Often CFA exam candidates are overwhelmed by the fixed income material. Our fixed income study materials will help you build confidence regarding the term structure, spot rate and forward rate issues, valuing bonds with embedded options, Z-spread, OAS and duration concepts, credit analysis models and credit default swaps.

This course cracks the exam code by showing you how to:

  • Use an interest rate tree to value option free bonds, callable bonds and putable bonds.

  • Analyse riding the yield curve active bond management strategies.

  • Quickly adjust from par rates to spot rates to forward rates.

  • Recognize scenarios where CDS strategies are appropriate.

  • Value capped and floored floating rate bonds.

  • Recognize scenarios when to apply the Z-spread and the OAS.

The Exam Success Difference

  • 20+ years of CFA exam prep experience
  • CFA Institute approved prep provider
  • Engaging, motivating and inspirational educator
  • Straight to the point - exam focused approach
  • Remove your pain points - avoid study traps

CFA Level II Fixed Income
Course Content

There are 8 sections included in this course:

  • 1

    Free Sample

  • 2

    CFA Study Materials

    • Prof. Gordon's Welcome Message

    • Level II Fixed Income Welcome

    • Study Notes - Study Session 12

    • Study Notes - Study Session 13
  • 3

    Term Structure and Interest Rate Dynamics

    • Fixed Income Introduction

    • The Term Structure and Interest Rate Dynamics Intro

    • Term Structure and Interest Rate Dynamics Lesson

    • Quick Teaching Video Clips Introduction

    • Bootstrapping Spot Rates

    • Spot Rates and Forward Rates Basics

    • Spots and Forwards 1

    • Spots and Forwards 2

    • Spot and Forward Rate Examples

    • Spot and Forward Rate Examples Solutions

    • Swap Spread and Z Spread 1

    • Swap Spread and Z Spread 2
  • 4

    The Arbitrage-Free Valuation Framework

    • Arbitrage Free Valuation Framework Intro

    • The Arbitrage-Free Valuation Framework Lesson

    • Quick Teaching Video Clips Intro

    • Arbitrage Free Valuation

    • Valuing a Risk Free Bond

    • Pathwise Valuation
  • 5

    Valuation and Analysis of Bonds with Embedded Options

    • Valuation of Bonds with Embedded Options Intro

    • Valuation and Analysis of Bonds with Embedded Options Lesson

    • Quick Teaching Video Clips Intro

    • Z Spread and OAS

    • Callable and Putable Bonds

    • Valuing a Callable Bond with an Interest Rate Tree

    • Factors Affecting OAS

    • Reading 34 EOC Question 14

    • Reading 34 EOC Question 15
  • 6

    Credit Analysis Models

    • Credit Analysis Models Intro

    • Credit Analysis Models Lesson

    • Quick Teaching Video Clips Intro

    • Credit Model Example 1

    • Credit Model Example 2
  • 7

    Credit Default Swaps

    • Credit Default Swaps Intro

    • Credit Default Swaps Lesson

    • Quick Teaching Video Clips Intro

    • CDS Basics
  • 8

    Practice Questions

    • Practice Questions Intro

    • Bond Valuation Quiz

    • Duration/Yield Curve Theories

    • Bonds With Embedded Options

Teaching what you need to know to pass!

Buy now