spb/gsf3100 Public

1<!--2=============================================================================3GSF-3100 — Marché des capitaux4Author  : Simon-Pierre Boucher5Contact : contact@spboucher.ai6=============================================================================7-->89# GSF-3100 — Marché des capitaux (Capital Markets)1011[![LaTeX](https://img.shields.io/badge/LaTeX-Beamer-orange?style=for-the-badge&logo=latex)](https://www.latex-project.org/)12[![PDF](https://img.shields.io/badge/PDF-13%20Slide%20Decks-red?style=for-the-badge&logo=adobe-acrobat-reader)](#-repository-structure)13[![Education](https://img.shields.io/badge/Education-Course%20Materials-green?style=for-the-badge&logo=graduation-cap)](#-course-description)14[![Finance](https://img.shields.io/badge/Finance-Fixed%20Income-yellow?style=for-the-badge)](#-course-description)15[![Language](https://img.shields.io/badge/Language-Fran%C3%A7ais-blue?style=flat-square)](#-repository-structure)16[![Sections](https://img.shields.io/badge/Sections-10-brightgreen?style=flat-square)](#-repository-structure)17[![License](https://img.shields.io/badge/License-Educational-purple?style=flat-square)](#-license)1819**Author**: Simon-Pierre Boucher20**Contact**: [contact@spboucher.ai](mailto:contact@spboucher.ai)21**Course**: GSF-3100 — Marché des capitaux22**Level**: Undergraduate (3 credits)23**Language of materials**: French2425---2627## 📚 Course Description2829This 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:3031- **Bond mathematics** — pricing, yield measures, accrued interest, day-count conventions32- **Interest-rate risk** — duration, convexity, and volatility in the bond market33- **Term structure of interest rates** — spot/forward rates, yield-curve theories34- **Money markets** — T-bills, commercial paper, bankers' acceptances, repos35- **Government, corporate, and international bond markets** — issuance, credit ratings, market conventions (with a focus on the Canadian market)36- **Bond portfolio management** — investment process, active/passive strategies, immunization37- **Securitization** — mortgage markets and asset-backed / mortgage-backed securities3839## 📁 Repository Structure4041Each section is a standalone LaTeX Beamer presentation. Source (`.tex`), compiled slides (`.pdf`), and supporting images live together in the section folder.4243| Section | File | Topic |44|---|---|---|45| 01 | `Section 1/GSF3100_S01.tex` | Introduction du cours |46| 02 | `Section 2/GSF3100_S02.tex` | Mathématiques financières des obligations |47| 03 | `Section 3/GSF3100_S03.tex` | Volatilité dans le marché obligataire (durée, convexité) |48| 04 | `Section 4/GSF3100_S04.tex` | Structure des taux d'intérêt |49| 05 | `Section 5/GSF3100_S05.tex` | Marché monétaire |50| 06 | `Section 6/GSF3100_S6.tex` | Marché obligataire gouvernemental |51| 07 | `Section 7/GSF3100_S7.tex` | Marché des obligations corporatives |52| 08 | `Section 8/GSF3100_S08.tex` | Marché obligataire international |53| 09a | `Section 9/a/GSF3100_S09a.tex` | Gestion de portefeuille obligataire — 1ʳᵉ partie |54| 09b | `Section 9/b/GSF3100_S09b.tex` | Gestion de portefeuille obligataire — 2ᵉ partie |55| 09c | `Section 9/c/GSF3100_S09c.tex` | Gestion de portefeuille obligataire — 3ᵉ partie |56| 10a | `Section 10/a/GSF3100_S10a.tex` | Marché des titres adossés à des créances — 1ʳᵉ partie |57| 10b | `Section 10/b/GSF3100_S10b.tex` | Marché des titres adossés à des créances — 2ᵉ partie |5859Supporting assets: `Section 1/BOOK.jpg` (course textbook cover), `Section 9/a/8.png`, `Section 10/b/Pool.png` (mortgage-pool diagram).6061## 🛠️ Building the Slides6263All 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`.6465Compile a single deck (run twice for the table of contents and navigation):6667```bash68cd "Section 2"69pdflatex GSF3100_S02.tex70pdflatex GSF3100_S02.tex71```7273Compile everything from the repository root:7475```bash76find . -name "*.tex" | while read -r f; do77  d="$(dirname "$f")"; b="$(basename "$f")"78  ( cd "$d" && pdflatex -interaction=nonstopmode "$b" && pdflatex -interaction=nonstopmode "$b" )79done80```8182Pre-compiled PDFs are included in each section folder, so no LaTeX installation is needed just to read the material.8384## 🎯 Prerequisites8586A basic understanding of finance and economics is recommended (introductory corporate finance and microeconomics).8788## 📈 Learning Outcomes8990By the end of this course, students will be able to:9192- Price fixed-income securities and compute standard yield measures93- Quantify interest-rate risk using duration and convexity94- Interpret the term structure of interest rates and its underlying theories95- Compare money-market, government, corporate, and international bond instruments96- Design and evaluate bond portfolio strategies, including immunization97- Explain the securitization process and the mechanics of mortgage-backed securities9899## 📄 License100101These materials are provided for educational purposes, intended for students enrolled in the GSF-3100 course. Please contact the author for any other use.102103---104105**Maintained by**: Simon-Pierre Boucher — [contact@spboucher.ai](mailto:contact@spboucher.ai)106