Municipal Bond Portfolio Management
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. Municipal Bond Portfolio Management is essential for traditional municipal bond portfolio managers, investment advisors, and crossover buyers.
This book:
- 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 investment characteristics;
- identifies the important aspects of credit analysis, including common mistakes made by investors and issuers.