White, Wilson
Description
This is my third (and I hope last) book on tax-exempt bonds. It's sub-title is A Handbook for Professionals.
I begin with an overview of the municipal
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bond market, followed by these sections:
1.) The issuers (the communities that borrow in the bond market).
2.) The bonds themselves -- how they are priced and rated.
3.) How the primary (new issue) market works.
4.) How the secondary (trading) market works.
5.) About the services -- the professionals, rating agencies, information providers, and insurers.
6.) The four types of investors -- individuals, institutions, unit trusts and funds.
7.) Regulation and arbitration.
I hope and sincerely believe readers will profit from and enjoy reading this book. Producing it has certainly been a labor of love -- of the bond business and also of writing. And if you don't find it useful, send it back and I'll refund half the price. What a deal!
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