Fixed Income Instrument Features (2025 CFA® Level I Exam – Fixed Income – Learning Module 1)

Master the foundations of Fixed Income for the CFA® Level I exam with this lesson on Fixed Income Instrument Features. In this CFA Level I Fixed Income review, AnalystPrep instructor Professor James Forjan, PhD, CFA explains the defining elements of fixed income securities, including bond issuers, coupon payments, maturity, yield concepts, bond indentures, collateral, credit enhancements, and covenants. This lesson provides the foundation candidates need to understand how bonds work, what investors receive from fixed income investments, and how contractual features affect bondholder rights and risk. What you'll learn: ✓ Who issues fixed income securities and why they raise capital through bonds ✓ How bondholders receive coupon payments and principal repayment ✓ Key features of fixed income securities, including maturity and par value ✓ The difference between coupon rate, yield to maturity, and current yield ✓ How bond indentures define issuer obligations and investor protections ✓ The role of collateral, credit enhancements, and covenants in fixed income securities Chapters: 00:00 Introduction to Fixed Income Securities 00:40 Who Issues Bonds and Why? 02:30 Fixed Income Security Features and Bond Cash Flows 05:00 Bond Pricing Basics and Present Value 07:20 Bond Issuers and Sources of Repayment 09:00 Maturity, Coupon Rate, and Yield Concepts 15:10 Bond Indentures and Legal Protections 18:00 Legal Entities, Collateral, and Credit Enhancements 26:20 Covenants: Positive and Negative Restrictions Practice with AnalystPrep: CFA Level I:https://analystprep.com/shop/cfa-leve... CFA Level II:https://analystprep.com/shop/cfa-leve... CFA Level III:https://analystprep.com/shop/cfa-leve... Follow AnalystPrep for more CFA® and finance education content: Facebook:   / analystprep   Instagram:   / analyst_prep   LinkedIn:   / analystprep   #CFA #CFAExam #CFALevel1 #FixedIncome #BondInvesting #FinanceEducation #CFAExamPrep #InvestmentManagement #AnalystPrep