In response to a spate of municipal bankruptcies and ongoing fiscal challenges at the local level, the California Treasurer's office has embarked on a project aimed at predicting cities' likelihood of defaulting on bonds.
California To Create Default Probability Model
DEC 6, 2012 5:22pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY