Bond Pricing Analysis and Calculating Yield to Maturity

Course Overview

Capital, liquidity and reputation are all exposed by weak handling of bond pricing and yield to maturity. In finance the difference between a healthy position on yield to maturity and a dangerous one is often a single assumption. Participants gain a clear basis for measuring what this strand of financial and banking practice has actually achieved. This programme builds bond pricing and yield to maturity from first principles, without padding and without omitting what matters. It is written for people who have to make the financial and banking practice capability work with the resources they already have. Organisations that document yield to maturity properly resolve disputes about it far more quickly. Improvement in bond pricing and yield to maturity stalls when it depends on one capable individual rather than a defined method. Participants apply yield to maturity to their own business line throughout, so the output is directly usable. It closes by agreeing the smallest change to the financial and banking practice discipline that would make a visible difference.