States are having trouble forecasting tax revenue largely because of increasing volatility in their revenues, according to a report released by the Nelson A. Rockefeller Institute of Government on Tuesday.
Using language Mayor Rahm Emanuel is unlikely to replicate in campaign brochures, Chicago's latest bond documents lay out for investors in stark terms the risks posed by its steep credit deterioration and hazards should it slip further.
Analysts said that September's volume gain over the same month in 2013's levels is the first sign issuance might be rebounding this year, even though this is not the first time monthly issuance in 2014 has come in higher than the same period in 2013.
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