Yield and Yield Spread Measures for Fixed Rate Bonds (2025 CFA® Level I – Fixed Income – LM 7)
Learn everything you need to know about yield and yield spread measures for fixed-rate bonds in this CFA® Level I (2025 curriculum) learning module. In this video, we cover:
How to calculate annual yield for varying compounding periods
Understanding yield to maturity (YTM), current yield, yield to call (YTC), and yield to worst (YTW)
Callable bonds and embedded options explained with examples
Key differences between G-spread, Z-spread, and option-adjusted spread (OAS)
Yield conventions for corporate vs. government bonds
Interpreting I-spread in swap markets
This lecture is part of AnalystPrep’s CFA® Level I Fixed Income Series, designed to help candidates master exam-relevant concepts with clear explanations, worked examples, and calculator walkthroughs.
Study smarter with AnalystPrep’s CFA packages:
Levels I, II & III (Lifetime access): https://analystprep.com/shop/cfa-unli...
Level I: https://analystprep.com/shop/cfa-leve...
Level II: https://analystprep.com/shop/learn-pr...
Level III: https://analystprep.com/shop/cfa-leve...
Prep Packages for the FRM® Program:
FRM Part I & Part II (Lifetime access): https://analystprep.com/shop/unlimite...
Topic 7 – Fixed Income
Learning Module 7 – Yield and Yield Spread Measures for Fixed Rate Bonds
LOS : Calculate annual yield for varying compounding periods.
LOS : Compare, calculate, and interpret yield and yield spread measures for fixed-rate bonds.
#CFAExam #FixedIncome #YieldSpread #CFA2025 #AnalystPrep