The Training Programme on ‘Treasury Management – Trading strategies in Indian Fixed Income Market’ was held on February 18, 2017 at NISM Premises, Vashi, Navi Mumbai.

The broad objective was to provide a better and deeper understanding on various concepts of Indian Fixed Income Market, and detailed understanding on various trading strategies implemented.

The topics/areas covered in the programme were Introduction to Indian Fixed Income Market; Analysis of various Fixed Income instruments and yield curve analysis including various risk parameters; factors, including global factors impacting Indian Fixed Income Market and how to react to flash news; Various Trading strategies like Spread Trading, Off the run versus on the run trading strategy, Yield curve strategy; Notional neutral strategy, Delta neutral strategy, Trading strategy including Bull Steepening/ Flattening and Bear Steepening/flattening of yield curve; Regulatory aspects on valuation of Fixed Income securities including maintenance of SLR and CR, Interest Rate Derivatives including Overnight Indexed Swaps (OIS/ ND-OIS) and how OIS market impact government bonds market; Trading Strategies in Interest Rate Futures (IRF) Market and how to hedge Fixed Income Portfolio with IRF, etc.

The participants for the programme were mix of practitioners and academicians.