It could be a crucial year for Detroit Public Schools as Michigan Gov. Rick Snyder, Detroit Mayor Mike Duggan and a newly created coalition of Detroit leaders take on problems at the long-troubled district.
This course reviews the basics of swap contracts, defines how they differ from fixed income securities and how fixed income investors use them as part of their investment, issuance and hedging strategies.
Taught by professional with extensive hands-on experience
Five lessons include video lectures, review quizzes & interactive resources
Earn 2.5 CPE credit hours for just $159. Field of Study: Finance | Level: Intermediate
The dramatic reduction of one state's traditional cash-flow borrowing combined with historically low interest rates in the long-term market led to a 7.4% decrease in short-term tax-exempt note issuance in 2011, according to market experts. more »
Contrary to the assertion in a Bond Buyer article that the 2010s may turn out to be the decade of the municipal bankruptcy, it is remarkable how few muni bankruptcies were sought in the wake of the most severe fiscal crisis to hit local governments since the Great Depression.