Credit-linked and Repackaged Notes

Financial services professionals, consultants, and sales professionals interested in providing or selling products and services to banks, investment companies, and other financial corporations, and everyone interested in the creation and use of credit derivative instruments

Prerequisite
Please contact us for information about prerequisites.

Expected Duration
60 minutes

Description
The structured derivatives market gained traction in the early 2000’s due to its ability to convert security features, primarily cash flows and maturity, to meet investors’ specific needs. This market is composed of complicated combinations of securities and derivatives, allowing for a large degree of flexibility to cater to investor demands. Because potential risks have also become increasingly complicated to identify and measure, it is important for individuals involved in these structured deals to have a good grasp of the dynamics of various transactions and how they may be altered when packaged with others.
This course provides an introduction to the basics of credit-linked notes (CLN) and their variations and structures, including total return swap-based CLNs and default-based CLNs. The course also provides an overview of repackaged notes and other synthetic structures dealing with the packaging of derivatives with assets such as synthetic bonds, and callable and puttable asset swaps.

Objective

Credit-Linked Notes

  • describe credit-linked notes
  • identify the structure of credit-linked notes
  • recognize the variations of credit-linked notes
  • identify the structure and variations of credit-linked notes

Repackaged Notes and Synthetic Structures

  • identify the typical uses of repackaged notes
  • describe synthetic bonds and synthetic funding
  • describe structured asset swap packaging
  • describe repackaged notes uses, synthetic bonds, synthetic funding, and structured asset swap packaging

MONTHLY SUBSCRIPTION

$129/month
 

ANNUAL SUBSCRIPTION

$1295/year

Multi-license discounts available for Annual and Monthly subscriptions.