Chapter 6: Fixed-Income Securities: Features and Types

In this section

• The Fixed-Income Marketplace
  An in-depth exploration of the Canadian fixed-income market, highlighting the role of money and capital market instruments, market participants, regulatory frameworks, and key economic factors influencing bond prices and yields.
• The Basic Features and Terminology of Fixed-Income Securities
  Discover essential fixed-income concepts, including coupon rates, yields, repayment structures, and the distinction between secured and unsecured debt. Enhance your Canadian fixed-income knowledge with practical examples, regulatory insights, and actionable strategies.
• Government of Canada Securities
  Discover how the Canadian federal government raises funds through short- and long-term debt instruments, including Treasury Bills, Marketable Bonds, and Real Return Bonds, and explore the unique features and risks associated with each.
• Provincial and Municipal Government Securities | Key Insights for Canadian Investors
  Explore the features, credit considerations, tax implications, and practical strategies for investing in provincial and municipal government debt securities in Canada, including Crown corporation bonds.
• Types of Corporate Bonds
  Explore the various types of corporate bonds in the Canadian context, from secured bonds and debentures to callable and convertible features, and understand the legal and regulatory landscape, including National Instrument 45-106 and CIRO guidelines.
• Other Fixed-Income Securities
  Explore the dynamics of floating rate notes, zero-coupon bonds, and high-yield bonds in the Canadian marketplace. Understand their unique features, risk-return profiles, tax implications, and best practices for portfolio integration.
• How to Read Bond Quotes and Ratings
  Learn how to interpret bond quotes, understand clean vs. dirty prices, and evaluate credit ratings. Gain insights into how rating changes affect bond prices and yields within the Canadian context.