Bond School

Baker Bond School gives new portfolio managers and beginners to fixed income investing the knowledge to better understand the various types of securities available, how to analyze them effectively, and how to use that knowledge to confidently build and manage a high-performance investment portfolio within the framework of the entire balance sheet.

Introduction to Bonds Webinar Series Header Image

Introduction to Bonds Webinar Series consists of four 1.5-hour sessions spread over two weeks.

March 2–11, 2021
10:00 a.m. CST

Education is the foundation of performance for investment portfolio managers, and that is why The Baker Group has presented hundreds of seminars and conferences across the country over the last forty years. Several years ago, we used that history of educational experience to introduce an in-person bond school designed specifically for new portfolio managers and those needing to learn the fundamentals of fixed income investing. Unfortunately, the COVID-19 pandemic forced us to cancel our 2020 Baker Bond School, and while we remain confident that we will be able to present an in-person bond school at some point in 2021, there remains a significant demand for basic bond education in the meantime. For this reason, we have decided to present an Introduction to Bonds Webinar Series consisting of four 1-hour and 30-minute sessions spread over two weeks to allow attendees the time to learn the information presented while limiting disruption to their normal work responsibilities. This webinar series is designed to give attendees the knowledge to better understand the various types of securities available, how to analyze them effectively, and how to use that knowledge to build and manage a high-performance investment portfolio within the framework of the entire balance sheet.

“The Baker Group has always prided itself on being a top provider of education to financial institutions on a wide range of topics, particularly investments and interest rate risk management. Founded by a professor of banking and economics, education is an essential part of our history.”

— Jeff Caughron, President and CEO

Who Should Attend

This webinar is designed for CEOs, CFOs, and those new to their roles in managing or working with the investment portfolio. Directors and new members of the investment and asset/liability management committees will also benefit from this webinar. There are no costs for these webinars.

NOTE: Registration is required for each session you want to attend. Register by clicking the session button below each day’s agenda.

What You Will Learn

Session 1 — Tuesday, March 2, at 10am CST

  • Introduction to Bonds, Bond Types and the Role of the Portfolio
  • Introduction to Bond Analytics
  • Characteristics of High Performing Portfolios
  • Introduction to Agencies and Callable Agencies

Session 2 — Thursday, March 4, at 10am CST
  • Municipal Bond Fundamentals
  • Developing a Thorough Municipal Credit Analysis Process
  • How to Effectively Analyze Municipal Offerings
Session 3 — Tuesday, March 9, at 10am CST
  • Introduction to Mortgage-Backed Securities (MBS), Collateralized Mortgage Obligations (CMO), and Commercial MBS
  • Managing Prepayment Risk by Understanding the Effect of Underlying Loan Attributes
  • How to Effectively Analyze MBS/CMO Offerings
Session 4 — Thursday, March 11, at 10am CST
  • Introduction to Institutional Investment Portfolio Management
  • How to Develop a Written Investment Strategy to Achieve Outperformance
  • Integrating Portfolio Management with Asset/Liability Management
  • Regulatory Expectations for Investments
1.5 hours of CPE credits per session or 6 hours total will be earned for your participation.

May 19-20, 2022

Oklahoma City, OK
The Skirvin Hotel
Cost: $395

Education is the foundation of performance for investment portfolio managers, and that is why The Baker Group has presented hundreds of seminars and conferences across the country over the last forty years. Now we have brought that history of educational experience to a bond school designed specifically for new portfolio managers and those needing to learn the fundamentals of fixed income investing. The Baker Bond School will give attendees the knowledge to better understand the various types of securities available, how to analyze them effectively, and how to use that knowledge to build and manage a high-performance investment portfolio within the framework of the entire balance sheet.

What You Will Learn

  • Fundamentals of bonds and bond market investing
  • Understanding the impact of the economy, monetary policy, and interest rates on the bond portfolio
  • Demystifying the complex world of bond analytics including pricing, duration, convexity, and total return
  • Characteristics of high performance portfolios and how industry allocations have changed over the years
  • Introduction to bond types, and the pros and cons of including each in your investment portfolio
    – Treasuries
    – Agencies
    – Municipals
    – Mortgage-Backed Securities (MBS)
    – Collateralized Mortgage Obligations (CMO)
    – Commercial Mortgage-Backed Securities (CMBS)
    – Small Business Administration (SBA) pools
    – Adjustable Rate Securities
  • How to develop an effective municipal credit analysis process
  • Security selection techniques, and how to conduct effective pre-purchase analysis
  • How to analyze bond offerings and Bloomberg screens
  • Regulatory implications for the bond portfolio
  • Incorporating investment portfolio management into asset/liability management

Who Should Attend

This school is designed for CEOs, CFOs, and those new to their roles in managing or working with the investment portfolio. Directors and new members of the investment and asset/liability management committees will also benefit from the Baker Bond School.

Agenda
Thursday, May 19, 2022
Time Agenda
7:00 am
Breakfast
8:00 am
Program
12:00 pm
Lunch
1:00 pm
Program
4:30 pm
Adjourn
6:00 pm
Dinner Included
Friday, May 20, 2022
Time Agenda
7:00 am
Breakfast
8:00 am
Seminar
11:30 am
Lunch
12:30 pm
Program
2:30 pm
Conclusion
Accommodations

A block of rooms is available at The Skirvin Hotel. Identify yourself as a Baker Bond School attendee when calling 1-800-HILTONS. The special room rate will be available until April 18, 2022 or until the room block is sold out. Hotel price: Deluxe $159 + tax.

The Skirvin Hilton
One Park Ave
Oklahoma City, OK 73102
1-800-HILTONS
Hotel price: Deluxe $159 + tax

Course Format

Group live program.

Knowledge Level

The level of learning for this seminar is intermediate.

Prerequisites

Basic knowledge of finance and banking is recommended.

Advanced Preparation

None.

CPE Credits

14 hours of Economics and Finance CPE credits will be earned for your attendance.

Logo for the National Registry of CPE SponsorsThe Baker Group is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

After completing this seminar, you will be able to:

  • Identify Key Balance Sheet Trends that Relate to Interest Rate Risk
  • Answer Questions About Regulatory Requirements for Interest Rate Risk Reporting
  • Recognize the Difference Between Earnings at Risk and Capital at Risk
  • Explain the Relationship Between Price Risk and Cash Flow Volatility in Bond Portfolios
  • Measure and Assess Relative Value Between and Among Bonds