# GSF-3100 — Marché des capitaux (Capital Markets)

Author: Simon-Pierre Boucher Contact: contact@spboucher.ai Course: GSF-3100 — Marché des capitaux Level: Undergraduate (3 credits) Language of materials: French

# 📚 Course Description

This repository contains the complete lecture materials (LaTeX Beamer slide decks and compiled PDFs) for GSF-3100 — Marché des capitaux, an undergraduate capital-markets course focused on fixed-income securities. The course provides an in-depth analysis of capital markets, their primary financial instruments, and their roles in fund and risk intermediation:

• Bond mathematics — pricing, yield measures, accrued interest, day-count conventions
• Interest-rate risk — duration, convexity, and volatility in the bond market
• Term structure of interest rates — spot/forward rates, yield-curve theories
• Money markets — T-bills, commercial paper, bankers' acceptances, repos
• Government, corporate, and international bond markets — issuance, credit ratings, market conventions (with a focus on the Canadian market)
• Bond portfolio management — investment process, active/passive strategies, immunization
• Securitization — mortgage markets and asset-backed / mortgage-backed securities

# 📁 Repository Structure

Each section is a standalone LaTeX Beamer presentation. Source (.tex), compiled slides (.pdf), and supporting images live together in the section folder.

Supporting assets: Section 1/BOOK.jpg (course textbook cover), Section 9/a/8.png, Section 10/b/Pool.png (mortgage-pool diagram).

# 🛠️ Building the Slides

All decks compile with pdflatex (tested with TeX Live 2026). Required packages (all included in a full TeX Live install): beamer, graphicx, tikz (with the snakes library), booktabs, pdflscape, enumitem, fontenc/inputenc.

Compile a single deck (run twice for the table of contents and navigation):

cd "Section 2"
pdflatex GSF3100_S02.tex
pdflatex GSF3100_S02.tex

Compile everything from the repository root:

find . -name "*.tex" | while read -r f; do
  d="$(dirname "$f")"; b="$(basename "$f")"
  ( cd "$d" && pdflatex -interaction=nonstopmode "$b" && pdflatex -interaction=nonstopmode "$b" )
done

Pre-compiled PDFs are included in each section folder, so no LaTeX installation is needed just to read the material.

# 🎯 Prerequisites

A basic understanding of finance and economics is recommended (introductory corporate finance and microeconomics).

# 📈 Learning Outcomes

By the end of this course, students will be able to:

• Price fixed-income securities and compute standard yield measures
• Quantify interest-rate risk using duration and convexity
• Interpret the term structure of interest rates and its underlying theories
• Compare money-market, government, corporate, and international bond instruments
• Design and evaluate bond portfolio strategies, including immunization
• Explain the securitization process and the mechanics of mortgage-backed securities

# 📄 License

These materials are provided for educational purposes, intended for students enrolled in the GSF-3100 course. Please contact the author for any other use.

Maintained by: Simon-Pierre Boucher — contact@spboucher.ai