The Fundamentals of Municipal Bonds
| Author | : | |
| Rating | : | 4.20 (582 Votes) |
| Asin | : | 0470903384 |
| Format Type | : | paperback |
| Number of Pages | : | 297 Pages |
| Publish Date | : | 2015-07-07 |
| Language | : | English |
DESCRIPTION:
The definitive new edition of the most trusted book on municipal bondsAs of the end of 1998, municipal bonds, issued by state or local governments to finance public works programs, such as the building of schools, streets, and electrical grids, totaled almost $1.5 trillion in outstanding debt, a number that has only increased over time. The bond market has always been a safe haven, although confusing new bonds and bond funds make it increasingly difficult for unfamiliar investors to decide on the most suitable fixed income investments.. Intended for investment professionals interested in how US municipal bonds work, The Fundamentals of Municipal Bonds, Sixth Edition explains the bond contract and recent changes in this market, providing investors with the information and tools they need to make bonds reliable parts of their portfolios.The market is very different from when the fifth edition was published more than ten years ago, and this revision reasserts Fundamentals of Municipal Bonds as the preeminent text in the fieldExplores the basics of municipal securities, including the issuers, the primary market, and the secondary marketKey areas, such as investing in bonds, credit analysis, interest rates, and regulatory and disclosure requirements, are covered in detailThis revised edition includes appendixes, a glossary, and a list of financial products related to applying the fundamentals of municipal bondsAn official book of the Securities I
"Poorly Planned" according to Ryan's March. I found this book to be highly disjointed. I started working in Muni Finance a year ago and bought this book as a primer; although i have worked in finance prior.I honestly just did not gain much from the book. This book is great if you LITERALLY do not know the difference between . Amazon Customer said Series 50 Prep book.. Forced to take the SIFMA Series 50 exam, I read this book to prepare. It's a good place to start.. "Five Stars" according to hedwig. It's an useful book because I use it for class.
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