Fixed Income Trading

Definition: Fixed Income Trading is the practice of selling and buying a range of investment instruments under which the borrower/issuer is obliged to make payments of fixed amounts on a fixed schedule. That typically includes repayment of the principle amount on the maturity date as well as a fixed interest rate at some fixed interval (monthly, annually).
Typical examples of FIT instruments are: government bonds, municipal bonds, corporate bonds.

More on fixed income trading. More on banking: Commodity Trading, Equity Trading, Foreign Exchange Trading, Investment Bank.