Fixed Income
Pricing Bonds
When it comes to pricing bonds, let’s first start with the basics. All bonds have an issue date, a maturity date and a stated face value or par value. Bonds are priced in 100s as a […]
Fixed Income
Fixed Income
6 Types of Bonds
In the world of finance, bonds are loans made to large corporations, cities, and governments. There are thousand types of bonds and these bond issuers owe the holders of the bond a debt obligation. Depending […]
Fixed Income
Understanding Bond Duration
When you’re reading about bonds, it’s almost impossible to not come across the word “ bond duration”. What does it mean and how does it affect your portfolio? Bond prices and their inverse relationship with interest […]
Fixed Income
Constructing a GIC Ladder
Guaranteed Investment Certificates (GICs) are a low risk investment instrument which allow Canadians to save comfortably. Issued by banks or trust companies, they’re considered a safe investment because the initial principal is protected on top […]
Fixed Income
Open Market Operations
Through the usage of government bonds and other securities, the government is able to manage their monetary policy. This is known as open market operations, a commonly used tool by government bodies around the world. […]
Fixed Income
Contractionary Monetary Policy
Through the buying and selling of government bonds and other securities, the government is able to manage their monetary policy. This is known as open market operations, a commonly used tool by government bodies around […]
Fixed Income
Expansionary Monetary Policy
Through the buying and selling of government bonds and other securities, the government is able to manage their expansionary monetary policy. This is known as open market operations, a commonly used tool by government bodies […]