course detail
CREDIT LINKED NOTES AND DUAL CURRENCY INVESTMENTS

Courses Info
Professional Financial Development Certification
This section introduces two common structured products, namely credit linked notes and dual currency investments. There is brief coverage on the credit default swap contract as it is an essential building block for many credit linked notes. A dual currency investment is a yield enhancement product where a higher yield is earned by selling an option on a currency pair.
- Know the rudiments of the Credit Default Swap contract and how it is incorporated into a Credit Linked Note
- Encounter the “First-to-Default” Credit Linked Note on a basket of names or entities
- Learn the mechanics of a Dual Currency Investment and when it may be a natural product for investors who wish to buy a foreign currency at a cheaper rate than today’s spot rate




