State and Local Financial Instruments
portes grátis
State and Local Financial Instruments
Policy Changes and Management
Moldogaziev, Tima T.; Johnson, Craig L.; Luby, Martin J.
Edward Elgar Publishing Ltd
11/2021
320
Dura
Inglês
9781800370920
15 a 20 dias
Descrição não disponível.
Contents: 1. Introduction to State and Local Financial Instruments PART I WHAT MAKES THE "MUNI" MARKET DIFFERENT? 2. The tax-exemption of municipal debt 3. States as fiscal "sovereigns": implications for ability and willingness to pay in full and on time 4. The federalist framework: fiscal sovereignty, federal regulation, and disclosure PART II CREATING DEBT INSTRUMENTS FOR THE MUNICIPAL MARKET 5. Subnational government debt financial management I: Financing principles and policies 6. Subnational government debt financial management II: bringing an issue to market: networks and practices 7. The serial debt issue structure 8. Secondary market disclosure PART III FINANCIAL STRUCTURE AND THE RISK/REWARD TRADE-OFF 9. Financial engineering 10. Reducing debt service by refunding debt 11. Lessons learned from the birth, growth, and collapse of the municipal auction rate securities (MARS) market 12. Enhancing municipal credit 13. "Non-traditional" capital financing mechanisms and strategies 14. Conclusion to State and Local Financial Instruments Appendix A Review of time value of money Appendix B Basic principles of valuing debt instruments References Index
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tax exempt market; municipal securities market; municipal finance book; debt finance; public finance; government finance
Contents: 1. Introduction to State and Local Financial Instruments PART I WHAT MAKES THE "MUNI" MARKET DIFFERENT? 2. The tax-exemption of municipal debt 3. States as fiscal "sovereigns": implications for ability and willingness to pay in full and on time 4. The federalist framework: fiscal sovereignty, federal regulation, and disclosure PART II CREATING DEBT INSTRUMENTS FOR THE MUNICIPAL MARKET 5. Subnational government debt financial management I: Financing principles and policies 6. Subnational government debt financial management II: bringing an issue to market: networks and practices 7. The serial debt issue structure 8. Secondary market disclosure PART III FINANCIAL STRUCTURE AND THE RISK/REWARD TRADE-OFF 9. Financial engineering 10. Reducing debt service by refunding debt 11. Lessons learned from the birth, growth, and collapse of the municipal auction rate securities (MARS) market 12. Enhancing municipal credit 13. "Non-traditional" capital financing mechanisms and strategies 14. Conclusion to State and Local Financial Instruments Appendix A Review of time value of money Appendix B Basic principles of valuing debt instruments References Index
Este título pertence ao(s) assunto(s) indicados(s). Para ver outros títulos clique no assunto desejado.
