Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Fundamentals of the Credit Market

By: TSI Limited

Lagos State, Nigeria

11 - 13 Sep, 2017  3 days

Follow Event

  

NGN 250,000

This training course aims to introduce key concepts and fundamental mechanisms of the credit markets (corporate and sovereign bonds, credit derivatives) and an overview of the most recent developments concerning these markets. 

Learning Objectives:

At the end of this session, participants will be able to:

  • Define the Credit Market;
  • Identify instruments traded in the market; 
  • Demonstrate the process for creating an instrument in the market;
  • List market participants in a Credit Market;
  • Explain prudential guidelines, Moody and Morgan's Credit Metrics;
  • Identify risks prevalent in several products and hedging methods;
  • Demonstrate trading, delivery and settlement system

Course Outline

  • Fundamental mechanisms of credit markets
  • Credit events typology (overdraft, default), legal characteristics
  • Agency ratings (S&P, Moody's), notions of bid/offer spread for bonds
  • Payment default correlations within a credit portfolio
  • Using transition matrices
  • Prudential and accounting processing of credit instruments
  • Corporate credit bond market
  • Financial analysis and corporate risk assessment
  • Introduction to corporate benchmarks : Merrill Lynch Investment Grade and high yield
  • Bonds bid/offer spread determiners: theoretical models, empirical validations
  • Sovereign bond market
  • Macroeconomic analysis and determination of sovereign risk
  • Introduction to the sovereign benchmarks: JP Morgan's EMBIG and GBI indices
  • Determination of sovereign spreads: theoretical models and empirical validations
  • Stress events management: contagion risk aversion
  • Introduction to credit derivatives and structured products
  • Credit Default Swaps (CDS) : characteristics and valuation
  • Credit linked notes, Total return swaps, and spread-based options
  • Collateralized Debt Obligations (CDO) : cash and synthetic
  • Application: use of CDS in hedging and use of CDS in speculation
Digital Age Halls,Capital Building,332,Ikorodu Road,Idiroko Bus Stop,Near LASU Anthony Lagos. Sep 11 - 13 Sep, 2017
NGN 250,000.00 + 12,500.00 (VAT)
(Convert Currency)

+1-646-202-8832, 08033467639, 08023019508

Related Courses
Risk Based Internal Auditing for Ministries, Departments and Agencies and NGO Risk Based Internal Auditing for Ministries, Departments and Agencies and NGO

3 days, 16 - 18 Aug, 2017 

2017-08-16 12:08:00
Lagos State, Nigeria

TSI Limited

This intensive 3-day training in Risk Based Internal Auditing covers the main audit functions and the process of implementing an enterprise risk management approach (ERM) when conducting internal ...

Work Life Balance Work Life Balance

3 days, 21 - 23 Jun, 2017 

2017-06-21 12:06:00
Lagos State, Nigeria

TSI Limited

The percentage of time we spend working is still on the rise, leaving free time relegated to a few short hours a week and life can seem like one long work day after another.  We can spend well ...

Anti-Money Laundering and Anti-Terrorism Programs Anti-Money Laundering and Anti-Terrorism Programs

3 days, 11 - 13 Oct, 2017 

2017-10-11 12:10:00
Lagos State, Nigeria

TSI Limited

This training course introduces the anti-money laundering and anti-terrorism programs. Case studies and simulation exercises will illustrate the discussed points. Learning Objectives: At the end of ...

Supply Chain Management II Supply Chain Management II

3 days, 14 - 16 Aug, 2017 

2017-08-14 12:08:00
Lagos State, Nigeria

TSI Limited

Eliminating functional silos is an imperative if organizations are to achieve the high levels of customer satisfaction and reduce cost demanded of the supply chain. Eliminating these silos ...