Fixed Income and Debt

Fixed Income - Part 9


This eCourse consists of three modules. Module 1 provides a high-level overview of the Australian bond market and defines and explains each of its key sectors. The Australian bond market is the market in which debt instruments issued by Australian borrowers and those purchased by Australian investors are issued and traded. The bond market plays a critical role in the economy and helps to establish prevailing interest rates.

Module 2 provides a detailed introduction to the features of Hong Kong’s bond markets, its relationship with China and the bearing this has on its bond markets, and the challenges and opportunities for Hong Kong’s traders and issuers.

Module 3 describes the development of the Singapore bond market and its various sectors, including Singapore government securities (SGS) and corporate bonds. The issuance process for SGS is also described in detail.


On completion of this course, you will be able to:
- Define the Australian bond market and its core functions and list its key participants
- Recognize the role of the bond market in the Australian economy
- Identify key participants in the Australian government bond market and list and define the most common government debt securities
- Identify key participants in Australia’s corporate bond market and list and define common corporate debt securities
- Recall the features of Hong Kong’s bond markets
- List the factors that have led to Hong Kong’s success as an offshore RMB center
- List the challenges and opportunities in Hong Kong’s bond market today
- Recall the historical development of the Singapore bond market
- Identify the key types of Singapore government security and how they are issued
- Recognize the different types of corporate bond traded in the Singapore bond market


Module 1: Australian Bond Market
Topic 1: Australian Bond Market Overview
Topic 2: Government Bonds
Topic 3: Corporate & Other Bonds

Module 2: Hong Kong Bond Market
Topic 1: Market Overview
Topic 2: Market Development
Topic 3: Government Bonds
Topic 4: Corporate Bonds
Topic 5: Challenges & Opportunities

Module 3: Singapore Bond Market
Topic 1: Development of the Singapore Bond Market
Topic 2: Government Securities
Topic 3: Corporate Bonds
Topic 4: Market Challenges & Opportunities


Relevant Subject
Type 1 - Dealing in securities
Type 4 - Advising on securities
Type 6 - Advising on corporate finance
Type 9 - Asset management
Type 10 - Providing credit rating services
SFC:2.50, PWMA:2.50
Chinese Securities Association of Hong Kong (HKCSA): HK$790
Non-Member: HK$1125
All Member: HK$750
Staff of Corporate Member: HK$750