- Salary statistics
- Interest rate traders
Interest rate traders salary
74 100 - 111 300 kr / month
Women earn 69% of what men do.
Administration, ekonomi
Salary progression Interest rate traders
Bond Trader: An Insight into the Profession
Working as a bond trader involves navigating the complex world of interest rates and bonds. As a financial broker, a bond trader deals with bonds and other interest-bearing securities. Their task is to analyze market trends, anticipate changes in interest rates, and make decisions that maximize returns for their clients or employers. Succeeding in this profession requires a deep understanding of the financial market and sharp analytical skills.
Salary for a Bond Trader
The salary for a bond trader has shown a positive trend with an average salary increasing from 99 200 SEK to 100 800 SEK since the last measurement. The average hourly wage is 607 SEK, based on 166 working hours per month. There is a significant gender pay gap within the profession; men earn an average of 107 900 SEK while women earn 74 100 SEK, meaning that women earn 69% of what men do.
Highest and Lowest Salaries
The highest salary for a bond trader is 111,300 SEK, held by a male working as a private sector employee with a post-secondary education of three years or more. For women, the highest salary is 77,700 SEK. The lowest salary for a female in the profession is 74 100 SEK, while for men, the lowest salary is 107 900 SEK.
Education and Requirements
To become a bond trader, typically an academic degree in economics, finance, or related fields is required. A post-secondary education of at least three years is often a prerequisite, and this educational background is particularly common among private sector employees with the highest salaries in the industry. It is also important to stay updated with the latest developments in the financial world, which may involve participating in various courses and seminars.
Future Outlook
Bond traders play a crucial role in the financial markets, and the demand for their expertise is expected to continue. However, there may be challenges in staying abreast of the constant changes in market dynamics and regulations. Competition for the most prestigious positions can be tough, but with the right skills and experience, there are ample opportunities for career advancement.
Working Conditions and Benefits
Working conditions for bond traders can vary depending on the employer and workplace. Many bond traders work at large financial institutions or banks, and the work environment can be both dynamic and demanding. Long working hours are common, especially during periods of high market activity. Some employers offer benefits such as paid training, flexibility to work from home, and other incentives to attract and retain competent staff.
What Does a Bond Trader Earn?
In summary, bond traders have the potential to earn an attractive salary, especially those with extensive experience and a strong academic background. However, it is important to be aware of the challenges that the profession entails, including gender-based wage disparities and the competitive job market. For those interested in delving into the world of finance, a career as a bond trader offers an exciting and potentially lucrative path.
Salary distributed by age and sector
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 72100 kr | 73600 kr | |
35-44 | 103400 kr | 105700 kr | |
45-54 | 129600 kr | 133800 kr | |
55-64 | 112200 kr | 117300 kr | |
Snitt | 69% | 97900 kr | 100800 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 72100 kr | 73600 kr | |
35-44 | 103400 kr | 105700 kr | |
45-54 | 129600 kr | 133800 kr | |
55-64 | 112200 kr | 117300 kr | |
Snitt | 69% | 97900 kr | 100800 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 72100 kr | 73600 kr | |
35-44 | 103400 kr | 105700 kr | |
45-54 | 129600 kr | 133800 kr | |
55-64 | 112200 kr | 117300 kr | |
Snitt | 69% | 97900 kr | 100800 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 76000 kr | 77600 kr | |
35-44 | 108900 kr | 111200 kr | |
45-54 | 132500 kr | 136800 kr | |
55-64 | 118700 kr | 124500 kr | |
Snitt | 69% | 104800 kr | 107900 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 76000 kr | 77600 kr | |
35-44 | 108900 kr | 111200 kr | |
45-54 | 132500 kr | 136800 kr | |
55-64 | 118700 kr | 124500 kr | |
Snitt | 69% | 104800 kr | 107900 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 76000 kr | 77600 kr | |
35-44 | 108900 kr | 111200 kr | |
45-54 | 132500 kr | 136800 kr | |
55-64 | 118700 kr | 124500 kr | |
Snitt | 69% | 104800 kr | 107900 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 69% | 72400 kr | 74100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 69% | 72400 kr | 74100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 69% | 72400 kr | 74100 kr |
About the data
All information displayed on this page is based on data from the Swedish Central Bureau of Statistics (SCB), the Swedish Tax Agency and the Swedish employment agency. Learn more about our data and data sources here.
All figures are gross salaries, meaning salaries before tax. The average salary, or mean salary, is calculated by adding up the total salary for all individuals within the profession and dividing it by the number of individuals. For specific job categories, we have also considered various criteria such as experience and education.
Profession Interest rate traders has the SSYK code 3311, which we use to match against the SCB database to obtain the latest salary statistics.
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