ICMA International Fixed Income and Derivatives Cert. 2009 : HR0-002 exam

HR0-002
  • Exam Code: HR0-002
  • Exam Name: ICMA International Fixed Income and Derivatives Cert. 2009
  • Updated: Aug 23, 2026
  • Q & A: 100 Questions and Answers

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ICMA HR0-002 Exam Syllabus Topics:

SectionObjectives
Topic 1: Credit Trading- Credit default swaps (CDS) and credit hedging
- Credit risk, spreads, and ratings
- CDS indices and structured credit products
- Default probability and recovery rates
Topic 2: Portfolio and Risk Management- Market practice and regulatory considerations
- Fixed income portfolio construction
- Hedging strategies and risk management
Topic 3: Interest Rate Derivatives- Counterparty risk and derivatives market practice
- Interest rate options and inflation derivatives
- Interest rate swaps and swap futures
- STIR futures and bond futures
Topic 4: Structured Securities- Bonds with embedded options
- Securitisation basics
- Inflation-linked securities
Topic 5: Fixed Income Analysis- Monetary policy and yield curve dynamics
- Fixed income securities and interest rates
- Interest rate risk measurement and management

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