<Interest Rate Derivatives>

Course Details

Interest Rate Derivatives

overview	This one day seminar covers generic interest rate derivatives, including their mechanics, market conventions, applications, and the valuation of forwards, futures and swaps, and interest rate options – caps , floors and swaptions.
objectives	By the end of the course, participants will be able to: understand interest rate risk and the capital implications of forward interest rate contracts, estimate the price of a forward contract from first principles, and understand and describe the mechanisms and pricing of FRAs, short term interest rate futures and swaps, and caps, floors, and swaptions.
who should attend?	This course is suitable for any member of staff whose work involves contact with the interest rate derivatives markets whether in client facing roles or in support functions, such as risk management, middle office, compliance, settlement or finance functions.
duration	1 day.
prior knowledge	No prior knowledge is of interest rate derivatives is assumed.
syllabus	The forward interest rate Forward rate agreements Short term futures Interest rate swaps Interest rate options