FIXED INCOME: CFA® Program Curriculum, 2026 • Level I • Volume 6

Test for Learning Module 1 Fixed-Income Instrument Features

Test for Learning Module 2 Fixed-Income Cash Flows and Types

Test for Learning Module 3 Fixed-Income Issuance and Trading

Test for Learning Module 4 Fixed-Income Markets for Corporate Issuers

Test for Learning Module 5 Fixed-Income Markets for Government Issuers

Test for Learning Module 6 Fixed-Income Bond Valuation: Prices and Yields

Test for Learning Module 7 Yield and Yield Spread Measures for Fixed-Rate Bonds

Test for Learning Module 8 Yield and Yield Spread Measures for Floating-Rate Instruments

Test for Learning Module 9 The Term Structure of Interest Rates: Spot, Par, and Forward Curves

Test for Learning Module 10 Interest Rate Risk and Return

Test for Learning Module 11 Yield-Based Bond Duration Measures and Properties

Test for Learning Module 12 Yield-Based Bond Convexity and Portfolio Properties

Test for Learning Module 13 Curve-Based and Empirical Fixed-Income Risk Measures

Test for Learning Module 14 Credit Risk

Test for Learning Module 15 Credit Analysis for Government Issuers

Test for Learning Module 16 Credit Analysis for Corporate Issuers

Test for Learning Module 17 Fixed-Income Securitization

Test for Learning Module 18 Asset-Backed Security (ABS) Instrument and Market Features

Test for Learning Module 19 Mortgage-Backed Security (MBS) Instrument and Market Features