Fixed Income

Dive into the world of Credit Default Swaps (CDS) with Ryan O’Connell, CFA, FRM, as he breaks down these complex financial instruments in clear, practical terms. Learn how to price credit default swaps and understand the key formulas that drive their valuations in the market. Through detailed examples, discover how to determine CDS premiums and calculate potential gains or losses on CDS contracts. Whether you’re a finance professional or student, this comprehensive guide to credit default swaps will enhance your understanding of these important credit derivatives and their role in risk management.

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Chapters:
0:00 – Definition of Credit Default Swaps (CDS)
0:55 – Pricing a CDS Contract at Initiation
3:57 – Determining Premium for a CDS Example
6:37 – Calculate Gain or Loss on CDS Contract

*Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Unlock the secrets of Z-Spread and G-Spread with Ryan O’Connell, CFA, FRM, in this comprehensive fixed income analysis tutorial. Learn how to calculate the Present Value of a risk-free bond and master the intricacies of Z-Spread computation using Excel. Watch as Ryan graphically demonstrates a parallel shift in the yield curve, providing invaluable insights into bond valuation techniques. Finally, dive into the step-by-step process of calculating the G-Spread, equipping you with powerful tools for assessing bond performance and making informed investment decisions in the fixed income market.

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💾 Download Free Excel File:
► Grab the file from this video here: https://ryanoconnellfinance.com/product/z-spread-g-spread-excel-calculator/

Chapters:
0:00 – Definition of Z-Spread & G-Spread
0:35 – Calculate the PV of a Risk Free Bond
2:36 – Calculate the Z-Spread
5:16 – Graph Parallel Shift of Yield Curve
7:06 – Calculate the G-Spread

*Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Join Ryan O’Connell, CFA, FRM, as he unravels the crucial concept of Interest Rate Parity (IRP) and its significant impact on foreign exchange markets. This comprehensive guide explains the Interest Rate Parity condition, essential for understanding currency relationships and identifying potential arbitrage opportunities. Learn the IRP formula and watch Ryan demonstrate its practical application using real market data to solve for forward exchange rates. Whether you’re a finance professional, forex enthusiast, or economics student, this video provides valuable insights into how Interest Rate Parity shapes global currency dynamics and influences international investment decisions.

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Chapters:
0:00 – Interest Rate Parity (IRP) Definition
1:29 – Interest Rate Parity Formula
4:38 – Solving For Forward Rate W/ Real Data

*Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Dive into the fundamentals of Time Value of Money with Ryan O’Connell, CFA, FRM, and unlock the secrets of smart investing through easy-to-understand examples and calculations. From basics to advanced Future and Present Value computations, this video is your go-to guide for mastering investment horizons and interest rates. Enhance your financial acumen by learning how to calculate future value with a financial calculator, stepping into more informed investment decisions.

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Chapters:
0:00 – Time Value of Money Basics
1:39 – Interest Rates Explained
1:59 – Future Value & Present Value Calculations
3:05 – Multi-Year Investment Horizons
3:56 – Calculate Future Value w/ Financial Calculator
5:35 – 20% Off CFA & FRM Courses w/ “RYAN20”

*Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

In this comprehensive tutorial, Ryan O’Connell, CFA, FRM, demystifies the process of calculating the present value of a bond using the popular TI BA II Plus financial calculator. Starting with an easy-to-understand breakdown of bond terms, the video seamlessly transitions into an in-depth explanation of Present Value (PV) and its significance in bond valuation. Ryan also delves into the relationship between higher risk and required returns, a crucial aspect for investors to understand. Concluding with a practical demonstration on the TI BA II Plus, this video is a must-watch for anyone looking to master bond pricing techniques in finance.

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Chapters:
0:00 – The Terms of the Bond
0:59 – Present Value (PV) Explained
3:41 – Higher Risk, Higher Required Return
4:47 – Calculate Present Value w/ Financial Calculator
6:08 – 20% Off CFA & FRM Courses

Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Join Ryan O’Connell, CFA, FRM, as he dives deep into Calculating Macauley, Modified, and Effective Bond Durations using Excel. Starting with the basics of calculating the present value of a semi-annual bond, this tutorial will guide you step-by-step through the intricacies of bond duration calculations. Bond duration is a key concept for understanding interest rate risk. Whether you’re a finance professional or just keen to learn, this video offers valuable insights and hands-on techniques. Don’t forget to like, share, and subscribe for more expert finance tutorials!

💾 Purchase the file created in this video here: https://ryanoconnellfinance.com/product/excel-bond-duration-calculator-macauley-modified-and-effective/

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Chapters:
0:00 – Intro to Calculating Bond Durations in Excel
0:13 – Calculating the Present Value of Semi-Annual Bond
2:37 – Calculate Macauley Duration
4:05 – Calculate Modified Duration
5:21 – Calculate Effective Duration

Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Ryan O’Connell, CFA, FRM explains an interest rate swap valuation example in Excel. The swap in question is a plain vanilla interest rate swap.

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💾 Download Free Excel File:
► Grab the file from this video here: https://ryanoconnellfinance.com/product/interest-rate-swaps-excel-model/

Chapters:
0:00 – Intro to Interest Rate Swaps
0:29 – Swap Basics & The Treasury Curve Explained
1:29 – Value a Series of Fixed Rate Payments
3:00 – Value a Series of Floating Rate Payments
4:12 – Value a Plain Vanilla Interest Rate Swap
5:18 – Price an Interest Rate Swap Using Excel Solver

Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Ryan O’Connell, CFA, FRM shows how to calculate yield to maturity (YTM) of a coupon bond. He uses a TI BA II Plus Calculator to calculate yield to maturity (YTM)

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Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.

Example spot rates in this video come from:
CFA Level 2, Fixed Income
The Term Structure and Interest Rate Dynamics
by Thomas S.Y. Ho, PhD, Sang Bin Lee, PhD, and Stephen E.
Wilcox, PhD, CFA

Ryan O’Connell, CFA, FRM explains Binomial Interest Rate Trees. He shows how Backward Induction works with an option-free bond. This video will be especially useful for CFA Level 2 Candidates.

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💾 Download Free Excel File:
► Grab the file from this video here: https://ryanoconnellfinance.com/product/binomial-interest-rate-trees-spreadsheet/

Chapters:
0:00 – Explanation of Par Rates
0:52 – Estimating the Binomial Interest Rate Tree
3:40 – Backward Induction of a 1 Year Par Bond
4:26 – Finding the Lower Bound Year 1 Forward Rate
7:23 – Finding the Lower Bound Year 2 Forward Rate

*Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC

Ryan O’Connell, CFA, FRM explains riding the yield curve and rolling down the yield curve. This will be particularly useful for CFA Level 2 candidates.

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💾 Download Free Excel File:
► Grab the file from this video here: https://ryanoconnellfinance.com/product/riding-the-yield-curve-excel-workbook/

Chapters:
0:00 – Intro to Riding the Yield Curve
0:28 – Conditions Necessary to Ride the Yield Curve
1:51 – Valuing a 5 Year Bond After Two Years
6:18 – Valuing a 6 Year Bond After Two Years
7:56 – Why the Yield Curve Must Be Upward Sloping

Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.