Simply Economics: Fixed Income
On Wednesday, April 8, the first meeting dedicated to the basics of economics will take place. Representative of the Kingdom's Italian minority, Lorenzo, will be presenting the key features of Fixed Income instruments. The meeting will explore the very fundamental concepts useful to understand what bonds are, how they are issued, taxed and priced by market participants.
Start: 6:00 PM.
The meeting will be conducted in English.
Admission is free, but as always, you can voluntarily contribute to the open enclave.
The meeting will focus on:
Definition and types of Fixed Income instruments
Contingency Provisions
Markets for trading bonds
Taxation of bond income
Repurchase agreements, initial margins and margin calls
Issuance of sovereign and non-sovereign Fixed Income instruments
Price-Yield relationship for bonds
Clean and Dirty bond prices
Constant Yield price trajectory
AOS and Z-spreads
Spot, Par and Forward Rates
Macaulay and Modified Duration
Effective Duration and Bond Convexity
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