Fixed-Income Markets: Issuance, Trading and Funding (2025 Level I CFA Exam – Fixed Income–Module 2)

Master the CFA Level I – Fixed Income (Module 2) reading on Issuance, Trading, and Funding. Prof. James Forjan, Ph.D., CFA, explains how fixed-income markets are classified, how bonds are issued in primary markets, traded in secondary markets, and funded by institutions. Learn sovereign vs non-sovereign vs corporate debt, floating-rate reference rates, structured products (MBS/ABS/CDO), and repurchase agreements—with clear examples tied to the LOS.
Study with AnalystPrep:
Level I: https://analystprep.com/shop/cfa-level-1-learn-practice-package/
Level II: https://analystprep.com/shop/learn-practice-package-for-level-ii-of-the-cfa-exam-by-analystprep/
Levels I, II & III (Lifetime access): https://analystprep.com/shop/cfa-unlimited-package-for-level-1-2-3/
Prep Packages for the FRM Program:
FRM Part I & Part II (Lifetime access): https://analystprep.com/shop/unlimited-package-for-frm-part-i-part-ii/
Topic 6 – Fixed Income Markets
Module 2 – Fixed-Income Markets: Issuance, Trading and Funding
0:00 Introduction and Learning Outcome Statements
3:17 LOS : Describe classifications of global fixed-income markets.
5:50 LOS : Describe the use of interbank offered rates as reference rates in floating-rate debt.
9:13 LOS : Describe mechanisms available for issuing bonds in primary markets.
15:11 LOS : Describe secondary markets for bonds.
18:56 LOS : Describe securities issued by sovereign governments.
20:54 LOS : Describe securities issued by non-sovereign governments, quasi-government entities, and supranational agencies.
24:46 LOS : Describe types of debt issued by corporations.
30:12 LOS : Describe structured financial instruments.
38:57 LOS : Describe short-term funding alternatives available to banks.
39:39 LOS : Describe repurchase agreements and the risks associated with them.
#CFA #CFAExam #CFA2025 #FixedIncome #BondMarkets #PrimaryMarket #SecondaryMarket #StructuredProducts #Repos #Finance #Investment #AnalystPrep