{"product_id":"the-fundamentals-of-municipal-bonds-9780470903384","title":"The Fundamentals of Municipal Bonds","description":"\u003cb\u003eThe definitive new edition of the most trusted book on municipal bonds\u003c\/b\u003e \u003cp\u003eAs of the end of 1998, municipal bonds, issued by state or local governments to finance public works programs, such as the building of schools, streets, and electrical grids, totaled almost $1.5 trillion in outstanding debt, a number that has only increased over time. The market for these bonds is comprised of many types of professionals--investment bankers, underwriters, traders, analysts, attorneys, rating agencies, brokers, and regulators--who are paid interest and principal according to a fixed schedule. Intended for investment professionals interested in how US municipal bonds work, \u003ci\u003eThe Fundamentals of Municipal Bonds, Sixth Edition\u003c\/i\u003e explains the bond contract and recent changes in this market, providing investors with the information and tools they need to make bonds reliable parts of their portfolios.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eThe market is very different from when the fifth edition was published more than ten years ago, and this revision reasserts \u003ci\u003eFundamentals of Municipal Bonds\u003c\/i\u003e as the preeminent text in the field\u003c\/li\u003e \u003cli\u003eExplores the basics of municipal securities, including the issuers, the primary market, and the secondary market\u003c\/li\u003e \u003cli\u003eKey areas, such as investing in bonds, credit analysis, interest rates, and regulatory and disclosure requirements, are covered in detail\u003c\/li\u003e \u003cli\u003eThis revised edition includes appendixes, a glossary, and a list of financial products related to applying the fundamentals of municipal bonds\u003c\/li\u003e \u003cli\u003eAn official book of the Securities Industry and Financial Markets Association (SIFMA)\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith today's financial market in recovery and still highly volatile, investors are looking for a safe and steady way to grow their money without having to invest in stocks. The bond market has always been a safe haven, although confusing new bonds and bond funds make it increasingly difficult for unfamiliar investors to decide on the most suitable fixed income investments.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eThe Securities Industry and Financial Markets Association (SIFMA)\u003c\/b\u003e brings together the shared interests of hundreds of securities firms, banks, and asset managers. SIFMA's mission is to support a strong financial industry, investor opportunity, capital formation, job creation, and economic growth, while building trust and confidence in the financial markets. SIFMA, with offices in New York and Washington, DC, is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit www.sifma.org.\u003c\/p\u003e\u003cbr\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":50726429557010,"sku":"9780470903384","price":72.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_b2d350af-9755-4fc5-a695-1ee3af24e1dd.jpg?v=1734869235","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-fundamentals-of-municipal-bonds-9780470903384","provider":"Surprise Castle","version":"1.0","type":"link"}