Bond Advisors Certification Program (BACP)

Knowledge and tools to advise your clients on bonds and all other fixed income investments

Structured For

Financial advisors, wealth managers, debt market intermediaries

The retail bond market in India is poised to take off, given low fixed deposit rates and search for yields. Bond advisors will play a huge role in developing the retail market for bonds by providing investors advise and transactions on bonds. If you are a financial advisor looking to grow your business in recommending bonds for investments to your clients or a wealth manager looking to increase client wallet share in fixed income, or if you are looking for a career progression in bond sales, this is the right program for you. Bond intermediaries can use this program for higher client engagement.

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Bond Advisors Certification Program (BACP)

Course Type
4 Weeks

Course Structure

Week 1

Basics of Fixed Income

  • • Introduction – Concept of Fixed Income
  • • Interest rate movements
  • • Bond Price and Interest Rates
  • • Bond Maturity and Interest Rates
  • • What is Inflation?
  • • CPI and WPI Inflation
  • • Real Inflation for an Individual
  • • Concept of Real and Nominal Return on Fixed Income Investments
  • • Relationship between Risk and Returns on Fixed Income Investments
Week 2

Fixed Income Markets in India

  • • Introduction to Markets
  • • Pricing and Characteristics of Government Bonds
  • • State Development Loans
  • • Government Bond Auctions
  • • Analysis of Government Borrowing
  • • Pricing and Characteristics of Corporate Bonds
  • • Corporate Bonds and Credit Spreads
  • • Trading & Settlement
  • • Pricing and Characteristics of Money Markets Securities CP/CD/T-bills
  • • Repo Markets in India
  • • Public issue and private issue of corporate bonds
Week 3

Types and Categories Debt Securities

  • • Types of Debt Securities - Inflation Indexed Bond, ZCB, DDB
  • • ABS (Asset Backed Securities) and MBS (Mortgage Backed Securities)
  • • Municipal Bond
  • • FCB & Masala Bonds
  • • Sovereign Gold Bonds
  • • Tax Free Bonds
  • • AT-1 Bonds
  • • INVIT
  • • REITs
  • • IDFs
  • • Fixed Income Mutual Funds
Week 4

Rules and Regulations, RBI policy and Liquidity, Economic Analysis

  • • RBI Policy
  • • Understanding RBI Policy Tools
  • • Concept of Liquidity
  • • Liquidity Cheat Sheet
  • • LCR (Liquidity Coverage Ratio)
  • • RBI Balance Sheet & Liquidity
  • • Features Of recent Union Budget
  • • Fiscal Deficit
  • • Current Account Deficit
  • • External Debt
  • • Capital Controls
  • • Credit Ratings
  • • Valuing Corporate Bonds based on Spreads
  • • SEBI/RBI Regulation for bond dealing


12 hr of Total Study; Dedicated Analyst Support; 3-months Free Subscription to INRBonds; Certificate Issued to Participants; Group Discount Available

Online Tests

Participants will be tested online for the one month of the program for progress report.

Customer Service

Bond Advisors Certification Program (BACP) comes with highly trained and qualified customer service staff who will take care of all requirements of participants. Contact Neelima at +919819770641 or Email [email protected] for customer support

Course Coordinator

Course Coordinator is Neelima. Please contact Neelima at [email protected] call on +919819770641 for any queries on the Training Program.