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Fixed Income (Bond Market) Interview Preparation



Question: What all are the possible embedded options in debt instruments?

Answer: Below are the Embedded options in a debt instrument
- Call provisions
- Refunding provisions
- Prepayment provisions
- Optional accelerated provision
- Put provision
- Conversion provision.



Question: What all are the returns received, when investor invest in fixed income security?

Answer: When investor invest money in the Fixed Income security following are the possible returns from that
- Market value when security is sold (If it is higher then buy price the obviously good for investor, selling at low price does not mean loss).
- The cash-flows received from the bond until it is held.


Question: What do you mean by risk in Fixed Income market?

Answer: There are several factors which can affect the return, when money invested in bond. And this factor is known as risk, if they affect the negatively on the return.


Question: What all are the possible risks, when money invested in fixed income?

Answer: Following are the risks associated with the Fixed Income security
- Inflation, or purchasing-power, risk
- Liquidity risk
- Exchange-rate, or currency, risk
- Volatility risk
- Interest-rate risk
- Reinvestment risk
- Call or prepayment risk
- Credit risk
- Political or legal risk
- Event risk
- Sector risk

Related Questions


Question: What is the FIX (Financial Information Exchange)?

Question: Which all messages are handled by FIX today?

Question: What is FINRA stand for?

Question: What is SEC stands for?

Question: Why usually regulators want compliance in Fixed Income?

Question: What is TRACE and stands for?

Question: What is MSRB stands for?

Question: What is the MSRB regulatory requirement with regards to the Municipal Bonds pricing?