Examining various methods of debt management used in the US., Handbook of Debt Management, provides a comprehensive analysis of securities offered for sale by municipalities, states, and the federal government. The book covers laws regarding municipal bonds, the economic choice between debt and taxes and the tax-exempt status of municipal bond owners, capital budgeting, including state and local government practices, developing governmental and intergovernmental debt policies, pay-as-you-go with debt financing for capital projects, US Internal Revenue Service regulations on arbitrage in state and local government debt proceeds investment, US treasury auctions, and more.Although the economy is probably the least controllable of the four main credit factors, it is critical to Moodya#39;s analysis of ... A. When assessing an issuera#39;s ability to support debt and pay for services, a municipal credit analyst must evaluate the anbsp;...
|Title||:||Handbook of Debt Management|
|Author||:||Gerald J. Miller|
|Publisher||:||CRC Press - 1996-02-29|