Description
SYLLABUS
| No. | Modules / Units |
| 1 | Introduction to Debt Markets: |
| • Evolution of Debt Markets in India.
• Primary Market and Secondary Market. • Money Market and Debt Market in India. • Fundamental Features of Debt Instruments. • Regulatory Framework in the Indian Debt Market. |
|
| 2 | Instruments and Players in Debt Markets: |
| • Central Government Securities: Bonds, T-bills, State Government Bonds.
• Open Market Operations. • Securities Trading Corporation of India. • Primary Dealers in Government Securities. • Clearing Corporation of India. |
|
| 3 | Bonds: |
| • Features of Bonds.
• Types of Bonds. • Issuers of Bonds. • Bond Ratings – Importance and Relevance and Rating Agencies. |
|
| 4 | Valuation of Bonds: |
| • Determinants of the Value of Bonds.
• Bond Mathematics. • Yield Curve Analysis. |
