Matthew Owens – TRIFORCE TRAINING Part 1

Wall Street Prep – Money Markets
Description of Money Markets
Money markets form the fundamental building blocks for bonds and derivatives. Master money market bond math, both in Excel and on Bloomberg.
Why You Should Take This Course?

Understand money market investors and investments

Explore supply and demand dynamics. Who are issuers borrowing in the money markets and who are the investors investing in money markets? We discuss how LIBOR and SOFR are based on money market rates and form the basis of the gigantic 100 trillion+ sized interest rate derivative market.

Build a foundation in bond math

This course provides the foundations for Bond math used in other courses. By comparing single period cashflows, we discuss settlement conventions, accrual periods and yield calculations which are fundamental — whether you are working in money markets or any other part of the Fixed Income market.

Learn how to convert between conventions, and the impact on returns

Work through actual investments that pay on a discount basis, on a yield basis, using actual/360 days and 30/360 days. Work through the dollar impacts of each, and how to find the equivalent yield for all these securities. See how you can use Bloomberg to calculate cashflows and compare investments that use different conventions in the same terms.
THIS COURSE HAS EVERYTHING YOU NEED TO WORK WITH MONEY MARKET INVESTORS AND INVESTMENT. YOU’LL BUILD A FOUNDATION IN BOND MATH, WORK THROUGH ACTUAL INVESTMENTS, AND SEE HOW YOU CAN USE BLOOMBERG TO HELP.
What you will learn?

Commercial Paper
Bloomberg
Discounts
Money Market Yield
LIBOR/SOFR