Academy

RiskAtoms Academy

Risk management from the ground up: short lessons with worked examples, quick checks and links into the live tools. The course is in development, so this page is also where new lessons are tested before release.

Level 1: Foundations

Markets, instruments and the maths of money, for people starting out in risk.

Module 1.4

Bonds and fixed income

Describe the main types of bond, price one, read its yield, and measure how much its price moves when rates change.

  1. L1.4.01What is a bond?drafted
  2. L1.4.02Types of bondsplanned
  3. L1.4.03Pricing a bondpreview
  4. L1.4.04Yield to maturityplanned
  5. L1.4.05Clean price, dirty price and accrued interestplanned
  6. L1.4.06The price-yield relationshipplanned
  7. L1.4.07Credit ratings and credit spreadsplanned
  8. L1.4.08Durationdrafted
  9. L1.4.09Convexityplanned
  10. L1.4.10Bond markets in practiceplanned
  11. L1.4.11Securitisation basicsplanned

Live: published. Preview: interactive version on the site, under review. Drafted: text written, page not built yet. Planned: outlined only. Lessons are for education and are not investment advice.