Bond portfolio management is a critical skill for fixed income investors. A well

constructed bond portfolio should take into account investment objectives, risk

tolerance, market conditions, and other factors that may affect its performance.

The objective of this assignment is to construct a bond portfolio that meets specific

investment objectives and constraints and then evaluate its performance. In

particular, you need to demonstrate you can $(1)$ formulate investment objective$($s$),$

$(2)$ construct a bond portfolio appropriate for the investment objective$($s$),(3)$ evaluaterisks and performance of a bond portfolio, $(4)$ use interest rate futures to modify

interest rate exposure of the portfolio and understand the risks of such a strategy,