Fixed Income and Debt

Fixed Income - Part 5 (2020)

Overview

This eCourse consists of two modules. Module 1 provides a high-level overview of the Canadian bond market, which is one of the ten largest bond markets in the world. It serves as an important source of capital for Canada’s federal, provincial, and municipal governments, and for Canadian corporations. This module also highlights key issuers, key types of securities, and key regulatory institutions.

Module 2 looks at the Japanese bond markets, one of the biggest in the world. The first section explains the composition of the market and how it is dominated by the government sector, while the second section provides an overview of the different regulators that are relevant for the bond market.
We then go on to talk about the government bond market and the corporate bond markets. Finally, we look at the recent developments in the market and its ongoing challenges.

Objective

On completion of this course, you will be able to:
- Define the Canadian bond market and list key Canadian bond issuers
- Name and define the different types of federal debt securities
- Define the Canadian corporate bond market
- Name and define key Canadian mortgage-backed securities, including Canada Mortgage Bonds
- Recognise the significance of the Japanese bond market
- List the relevant regulatory authorities of the Japanese bond market
- Recall the different bond types issued by the Japanese Government
- Identify the different corporate and other such bonds issued by private institutions
- Recognise the developments and challenges in the Japanese bond market

Content

Module 1: Canadian Bond Market
Topic 1: Market Overview
Topic 2: Government Bonds
Topic 3: Corporate Bonds
Topic 4: Asset-Backed Securities (ABS)

Module 2: Japanese Bond Market
Topic 1: Overview
Topic 2: Regulatory Framework
Topic 3: Public Bonds
Topic 4: Corporate Bonds
Topic 5: Developments

Details

Code
TEPFD20005101
Venue
ePlatform
Relevant Subject
Type 1 - Dealing in securities
Type 4 - Advising on securities
Type 9 - Asset management
Type 10 - Providing credit rating services
Language
English
Level
Introductory
Hours
SFC:1.50, PWMA:1.50
Fees
Non-Member: HK$675
All Member: HK$450
Staff of Corporate Member: HK$450