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Real ICMA HR0-002 practice exam questions for easy pass!

Last Updated: Aug 18, 2026

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ICMA HR0-002 Exam Syllabus Topics:

SectionObjectives
Portfolio and Risk Management- Hedging strategies and risk management
- Market practice and regulatory considerations
- Fixed income portfolio construction
Interest Rate Derivatives- Interest rate options and inflation derivatives
- STIR futures and bond futures
- Interest rate swaps and swap futures
- Counterparty risk and derivatives market practice
Structured Securities- Inflation-linked securities
- Securitisation basics
- Bonds with embedded options
Fixed Income Analysis- Interest rate risk measurement and management
- Fixed income securities and interest rates
- Monetary policy and yield curve dynamics
Credit Trading- Default probability and recovery rates
- Credit default swaps (CDS) and credit hedging
- Credit risk, spreads, and ratings
- CDS indices and structured credit products

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