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Last Updated: Aug 20, 2026

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ICMA HR0-002 Practice Q&A's

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ICMA HR0-002 Exam Syllabus Topics:

SectionWeightObjectives
Interest Rate Derivatives25%- Valuation and risk management of derivatives
- Interest rate swaps and options
- Futures and forward rate agreements
Portfolio & Risk Management15%- Regulatory and market conventions
- Hedging interest rate and credit risk
- Fixed income portfolio construction
Structured & Embedded Option Securities20%- Bonds with embedded call/put options
- Convertible and exchangeable bonds
- Inflation-linked securities
Credit Analysis & Credit Derivatives15%- Securitization and structured credit
- Credit risk measurement and rating
- Credit default swaps (CDS)
Fixed Income Analysis & Valuation25%- Interest rate risk and duration/convexity
- Term structure of interest rates
- Bond pricing and yield measures

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