• Understand the characteristics of term-loans, positive and negative covenants in a loan agreement, loan amortisation and the procedure associated with a term-loan
• Describe the basic characteristics of corporate debentures/bonds/notes, general features of a debenture issue, bond refunding options, innovative debt instrument, the procedure of issuing debt instruments and rating of debt instruments
• Define securitisation, describe the general features of securitisation process, credit enhancement, parties to a securitisation transaction, asset characteristics, types of securitised assets, and review mortgage-based securitisation by the National Housing Bank (NHB)
