The sixth subject under CFA Level-1 exam syllabus is Fixed Income (Bonds). It too has a weightage of 11%. CFA is the only reputed course that covers Fixed Income (Bonds) as a & valuable serious topic under its curriculum.
A debt instrument that entitles the buyer to future cash flows from the issuing entity is known as Bond. Bonds can be issued by a variety of organizations, including companies, governments. Bonds are categorized into three primary sectors based on issuer and structure: Government, Corporate, and Structured Finance.
The topics which are covered are: