Bottova 2A, Bratislava 811 09, Slovakia
Capital Market
The capital market provides trading with securities. They are particularly debt securities (bonds) and shares (equities). Capital markets are used to obtain long-term financing or long-term investment. Commercial banks use bonds to manage their positions.
| Length: | 1 day (15th September 2023) |
|---|---|
| Difficulty: | Advanced |
| Price: | 490€ + VAT 20% (588€), or individual (in-house) |
| Place: | In-house (On-line / On-site) |
- Introduction to the capital market – the history, importance and participants of the bond and stock market
- Capital market structure: debt securities (bonds), stocks, overview of other instruments
- Mathematics: capital yield vs. interest income, present value principle, yield curve and zero curve, modified duration, convexity, discount factors, zero concept
- Primary and secondary market
- Bonds
- The conventions and mathematics of the bond market
- Fixed-, variable- and zero-coupon bonds
- Government, bank and corporate bonds
- Covered and uncovered bonds, convertible bonds, perpetual bonds
- Bonds with embedded option (callable bond)
- Valuation of bonds
- Credit spread on the bond market, credit-spread risk vs. interest risk, management of the bond portfolio in a bank
- Bond market derivatives (repo, bond future, bond options)
- Shares
- Stock-exchange
- Stock indices
- Funds
- ETF (exchange traded funds)
- Stock market derivatives (forwards, single stock future, index future, stock swaps, stock option)
- Trading strategies on stock markets (CAPM, alpha, beta)
- Leveraged strategies: short selling a margin buying
- Examples and practical case studies, calculations and explanations in excel (SimTrea)
Bearning Case Studies and Simulation
Bearning Capital Market Workshop is supported by excel based case studies and simulations - Bearning SimTrea.
Target group:
- Bank professionals interested to understand the capital markets
- Asset managers
- Product managers and project managers for Treasury area
- Bank professionals and experts from other related departments (audit, risk management, back-office, compliance ....)
Preparation or additional learning (optional):
Bearning E-learning in the form of script and/or texts, questions, multi-level tests, solutions and explanations. Large discounts for workshop participants (30-50%)!
Bearning capital market workshop is adjustable for the target group according to your bank's needs, extent 1 to 2 days. This training is available in-house for a bank or an organized group of professionals.