The BSE Training Institute proposes to launch a one-day workshop on "Fixed Income Derivatives" on Saturday 26^th October 2002 at a participation fee of Rs. 2,000 per participant. The course is meant for Treasury desks at Commercial Banks and Co-operative Banks, Insurance Companies, Debt Market Brokers, Corporate Treasuries.

This one-day programme goes beyond basics of swaps and deals with some pertinent strategies used to value and trade in swaps in a way that they effectively reduce Balance Sheet risks and ready bank treasuries for the future. This programme has been designed specifically keeping the Indian context in mind.

The Course Coverage is as follows:
Development of the Swap Market in India, Different benchmarks used (Foreign Currency & Interest Rate Swaps), Different swaps used in the Indian markets, Analysis of the behavior of different benchmarks, Swaps and spread trading, Using Swaps to hedge Balance Sheet risk, Managing swaps risk, Pricing of different swaps in the Indian context, Valuation & Marking to market, Using swaps to lower the cost of funding, Using swaps for corporate customers, Swaps and Corporate Treasury Management and Legal Issues.

Contact # 2721126/7, 2721233 /4 Extn. - 8759, 8598, 8246 & 8399

October 24, 2002