Fixed Income Interview all, material, interview, otherwise, concerned

siavosh

Hey all,
I am invited to an interview for a front-office position.
What should I review ? I am thinking about reading material from CFA level I and II.
I am concerned about the market : it is easy to find equity market news but what about fixed income ? Ok there is a lot of stuff about Sovereign debts but otherwise ? Where can I read a bit about CDO and ABS ? Corporate bonds, CDS…

bcp901

I do not know yet about strategies : it is a kind of graduate program where you spend time on all the desks. So I just know on which products they work : “Swaps, Gov Bonds, ABS, Credit Bonds, Options, Complex Risk, Product Development and Structuring”
btw I do not know what they mean by “product development” and “complex risk”…

joehogue

Where is the interview (as in which country)?

MonkeyBusiness

Your research skills are finely honed Lupe, go forth and be hired.
More seriously, I would guess for a rotational program like this (never been in an IV for one, but have had sector/strategy specific interviews), a general understanding of basic concepts like duration, yields, how rates/spreads/options/other components impact bond pricing. Understanding treasuries, how monetary policy and other topics relate to pricing would be about as in-depth as you’d be expected to go. Reviewing L2 is probably where I’d start, I’d guess you won’t need stuff like bootstrapping but a refresher on it won’t hurt. Good luck dude.