SANEM Workshop on Introduction to Interest Rate Markets - New material uploaded on April 2018

The development of fixed income products and interest rate markets is a key component to capital market development. As Bangladesh develops its financial services industry and the role of financial intermediation increases, banks, insurance companies, and other financial institutions will need to provide a wide range of fixed income products and services.

This short course, consisting of several lectures, introduced the main features of interest rate markets and securities. First, it provided an intuitive overview of interest rate markets. Second, it examined the mathematical framework for understanding interest rates. These lectures are of interest to those working in banks, insurance, asset management, financial institutions, capital markets, the central bank, and financial regulatory agencies. Graduate students and researchers interested in interest rate markets can also benefit from the combination of a real-world perspective and a mathematical framework.