Fundamentals of Municipal Bonds / Edition 5: The Bond Market Association, Judy Wesalo Temel: 0471393657: 9780471393658


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Title: Fundamentals of Municipal Bonds / Edition 5
Author: The Bond Market Association, Judy Wesalo Temel
ISBN-10: 0471393657
ISBN-13: 9780471393658

This informative volume is an update of the long-heralded classictext on the municipal securities market. Written by Judy WesaloTemel for The Bond Market Association–the leading tradeassociation that represents the players in this market and whosemembers underwrite 90% of all municipal bonds–this newlyrevised Fifth Edition deals comprehensively with the many recentdevelopments in the municipal securities market. It provides abasic understanding of the market for a wide range of readers,including experienced professionals, public officials, privateinvestors, academicians, and students. Major changes covered hereinclude: • The explosive growth of technology and e-commerce • New disclosure regulations • Size and composition of the business • Size and composition of investors • The use of credit enhancement • The use of financial products Along with the addition of an extensive new glossary ofmunicipal terminology and a bibliography, The Fundamentals ofMunicipal Bonds provides detailed explanations and a variety ofrelevant examples to illuminate crucial areas such as: • The Basics of Municipal Securities • The Issuers • The Primary and Secondary Markets • Investing in Bonds • Credit Analysis and Understanding Interest Rates • Disclosure and Regulatory Requirements • Financial Products Illustrated with numerous tables, charts, and mathematicalformulas, this indispensable volume serves as a guide, referencework, and portal to the municipal securities industry. No investoror student of the market can afford to be without this FifthEdition.