Bloomberg Market Concepts. Complete “Getting Started”, “Terminal Basics”, and “Fixed Income” under core concepts. Students sign up on the Bloomberg terminal.
Create a hypothetical 6 bond portfolio using data from Bloomberg and write a paper providing information on the 6 bonds. Assume each bond purchase is for $1,000,000 face value. The student should have three corporate bonds and three municipal bonds. Each corporate bond issue must have a minimum of $50,000,000 outstanding, have a US domiciled issuer, and be in US dollar currency. Each municipal bond issue must have a minimum of $25,000,000 outstanding, and may be taxable, tax-free, or subject to AMT. Bonds can be fixed or floating but the better papers with have at least one floating rate corporate. My preference is: two fixed rate corporates and one floating rate corporate; and three fixed rate municipals, one a general obligation bond and two revenue bonds. If you can give me your view on bond, please add to the paper.
Coupon, maturity, price, date of your observation.
CUSIP.
Light information on the issuer; just three sentences.
Security or collateral if stated.
Call dates, call prices, and any sinking fund provisions.
YTC, YTM, YTW.
Invoice price broken down by price plus accrued interest.
Yield spread data including, Treasury Benchmark and spread, G-spread, I-spread, and OAS.
Any other relevant facts.
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