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ISBN: 1556236727Издательство: McGraw-Hill Trade
Written by three leading authorities in the field, Municipal Bond Portfolio Management provides a complete examination of municipal bonds, including a description of their credit features and techniques for assessing potential performance and valuation. With this thorough guide, you'll become more knowledgeable of the variety of municipal securities, their risk/return characteristics, redemption features and credit risk. Essential for traditional municipal bond portfolio managers, investment advisors andcrossover buyers, Municipal Bond Portfolio Management: describes various bond types and features, including refunded bonds, insured bonds and derivative securities; provides coverage of new and innovative structures with unique credit risk and investmentcharacteristics; identifies the important aspects of credit analysis, including common mistakes made by investors and issuers.