“Gilts Game” module covers incisive tutorials on bonds supported by automated trading sessions through our in-house web-based design trading platform- GiltsWARE, simulating real life scenarios.

  • Course Objectives
    ensure participants knowledge of bonds is enhanced
  • participants will be able to appreciate the importance of the bond primary and secondary markets and their operations
  • they will also master various bond calculations to aid in the course of reviews on investment decisions, processing and risk management
  • participants are exposed to a fast moving bond market in order to master useful skills in trading

Duration – 4 Days

Overview of Bonds


The Nigerian Bond Market


Pricing & Valuation of Bonds


Annual, Semi, Zero, Floating & Accrual Bonds


Trading Principles, Techniques & Strategies


2-way Quote Dealing System


Mark-To-Market (MTM)


Investment Analysis


Understanding Repurchase Transactions
Concept, Structure & Haircuts


Duration & Convexity


3 Sources of Naira Return on Bonds
Yield-To-Maturity (YTM) Concept, Risk Analysis & Management, Interest Rate Derivative Products