Analyst Dojo

Learning Module 9 of Fixed Income 11–14% of the exam

The Term Structure of Interest Rates: Spot, Par, and Forward Curves

3 lessons. About 0 minutes in cram mode, 0 minutes in full.

Lessons for this module are being written. The outcomes and lesson plan below are final.

Lessons

  1. 1
    Maturity Structure of Interest Rates and Spot Rates

    Coming soon

  2. 2
    Par and Forward Rates

    Coming soon

  3. 3
    Spot, Par, and Forward Yield Curves and Interpreting Their Relationship

    Coming soon

What the exam expects you to do

  1. Define spot rates and the spot curve, and calculate the price of a bond using spot rates.
  2. Define par and forward rates, and calculate par rates, forward rates from spot rates, spot rates from forward rates, and the price of a bond using forward rates.
  3. Compare the spot curve, par curve, and forward curve.