International Bond Market Update

• It provides an unbiased analysis of the market from an expert.
• The information you receive is without sales objectives.
• It summaries the key trends in today’s market.
• Delegates can ask questions and get immediate clarification.
• The subject matter expert draws on 30 years of experience in the Bonds and Fixed Income markets with experience in market conditions with interest rate hikes and high inflation.
• Participants can choose a case study to investigate an area of interest in
• Some topics will be included last minute to make the course topical.

On completion delegates will:

• Be updated on the domestic developments in the current Bond Markets.
• Be updated on the international developments in the Bond Markets with emphasis on the Eurobond and US Bond markets.
• Be updated on international regulatory changes.
• Recognise the anticipated changes on the banks’ balance sheets and their change in funding requirements
• Receive a product update on covered bonds, contingent convertibles and other relevant financial instruments.
• Highlight current trends in the international markets.
• Discuss current trends in the local market.
• Identify possible future trends in the market.
• Develop specific trade ideas based on current reports.

Opening of Class

• Introduction of speaker
• Introduction of the course programme
• Description of course objectives
• Introduction of delegates

Background and market trends

• State of the economy
• Effect of the financial crisis
• Central bank
• Commodity prices
• Demographic change
• Economic growth
• Banking sector and regulatory changes
• Markets in general

Changes affecting the banking industry

• Capital adequacy requirements
• Liquidity requirements
• Fines
• High-frequency trading (HFT)
• Shadow banking
• Fintech

Economic background and trends in individual markets

• United States of America
• Europe and Eurozone
• Japan
• United Kingdom
• Canada
• Switzerland
• Emerging markets
• Other

International Bond Market Update

• New developments in the Eurobond market
• New developments in the US bond market
• Corporate bonds in corporate bond market and junk bonds
• Contingent convertible (CoCo’s)
• Covered bonds
• New type of bonds
• The role of interest rate, currency and credit default swaps
• Structured bond market products

Current bond market trends for all asset classes in international and regional markets

• Balance sheets of banks
• Asset manager flows
• Equities
• Interest rates
• Bonds
• Currencies
• Commodities
• What are other investors doing?

Develop your own trade idea on local or international markets

• Current research and publicationto explore bonds in current market
• Trade suggestion
• Develop your own trade
• Present your trade
• Case study

Fundamental rules of bond market trading

• Overview
• 7 trading rules
• 8 elements of a trading model
• Examples

Course Summary

• Overview and feedback

The trainer has 35 years of professional experience in trading, sales and product development in Fixed Income Markets and their derivatives, focusing on Global Bond Markets.  He has co-authored 2 books and published over 400 financial market research articles on Fixed Income.

After working for banks and financial institutions in Zurich and London he consults for international banks, asset management companies, family offices and regulators.  He has trained tens of thousands of participants working for over 400 companies in 100 countries in Europe, North America and Southeast Asia.   

His current area of interest lies in the digitalisation of financial services and data monetisation.

This course first goes through the current economic data that measures the pulse of the economy.  Here, we gauge the current bond market trends.

Then, we dive into changes to the overall industry before focusing on specific countries and any new developments and products. 

After working on a specific area of interest, we aim to develop specific trading strategies. Equipped with these insights, participants leave the course with an implementable trade idea.

Participants should have at least 2 years of banking experience in functions or departments listed below:

• Brokers.
• Dealers.
• Traders.
• Treasury.
• Bond Market Research.
• Derivatives.
• Debt Capital Markets.
• Equity Capital Markets / Equity and Bond Markets.
• Loan Markets.
• Structured Finance.
• Salespeople, relationship managers, client coverage and business development managers.
• Investment bankers.
• Funding officers.
• Corporate bankers.
• Private bankers.
• Corporate finance.
• Internal and external auditors.
• Risk management and risk control.
• Asset and liability managers.
• Accountants.
• Legal and compliance officers.
• Finance professionals.
• Asset managers.
• Internal and external auditors.
• IT and IT support to the above.