FIN 601 – Bond Markets

General Information

This course provides an extensive coverage of bond markets. It discusses the characteristics of various types of bonds, their valuation, and the risk associated with bond investments. It further discusses bond portfolio management strategies.

Learning outcomes
After this course students are familiar with the theory and practice of bond market investments. They are acquainted with the valuation of various types of bonds, know tools to measure and manage the risk of bond portfolios and are able to devise and evaluate portfolio management strategies.

Further Information

  • Faculty

    Prof. Dr. Erik Theissen

    Prof. Dr. Erik Theissen

    Chair Holder
    Chair of Finance

  • Time & Venue

    • The course is scheduled to take place in the spring semester 2024.
    • Please check Portal2 for time and date.
    • The lecture will only take place in person. 
    • There will be a Q&A session before the exam.
    • The main exam will likely not be scheduled within the usual exam period but will rather be an early exam.
    • All other information can be found on Ilias. To communicate, I will write messages via Ilias to all registered course participants.

    The course will not be offered in the spring semester of 2025.

  • Language

    The course is taught in English. All materials and the exam will be in English.

  • Prerequisites & Access

    Target audience of the course are master students. A recommended prerequisite is the course FIN 500 – Investments.

  • Materials

    Course material (slides, poblem sets) is available in the ILIAS group. Please register for the course on Portal2  under the course title “FIN 601 Bond Markets”.

    Please note: 

    • The course material is meant to accompany the course. It is not intended to provide a substitute for attendance in class!
    • The “required readings” are relevant material even if not covered in class!


    • Bodie, Z., A. Kane and A. Marcus (2014): Investments and Portfolio Management, 10th edition, McGraw Hill, Kapitel 1416.
    • Fabozzi, F. (2016): Bond Markets, Analysis and Strategies, 9th edition, Pearson.
    • Sundaresan, S. (2009): Fixed Income Markets and their Derivatives, 3rd edition, Academic Press.
    • Veronesi, P. (2010): Fixed Income Securities, Wiley.
  • Teaching Evaluations