What is modified duration?

A fixed income investment provides a fixed rate of return for a set period of time. Whether in bonds, GICs, or money market instruments. Fixed income securities-those investments which produce the same amount of money on a regular basis-have several advantages besides producing steady income. Fixed-Income Securities. Explore treasuries and agencies, municipals, mortgage pass-throughs and their derivatives, asset-backed securities, and corporate and ... The course analyzes fixed income securities, option embedded fixed income securities and interest rate derivatives. HilltopSecurities helps fund critical municipal projects nationwide with advisory, underwriting, sales, and trading services for buyers and issuers of fixed ... Individual bonds. Bonds typically pay a set schedule of fixed interest payments and promise to return your money on a specific maturity date. Learn ... Factors That Affect Prices of Fixed Income Securities · Interest Rate Risk · Market Risk · Credit Risk · Default Risk · Reinvestment Risk · Prepayment Risk · Capital ... Provides an analysis of fixed income securities and interest rate derivatives. Topics include an overview of key bond markets, bond mathematics, theories and ... Aug 3, 2015 ... for all fixed income securities reported in Schedule D, based on the following rationale: 1. The C1 calculation is based on the rating of ... This video lecture introduces fixed-income securities along with examples of securities and market participants, and an industry overview.