WILEY INVESTING IN THE HIGH YIELD MUNICIPAL MARKET HOW TO PROFIT FROM THE CURRENT MUNICIPAL CREDIT CRISIS AND EARN ATTRACTIVE TAX EXEMPT INTEREST INCOME 2012 RETAIL EBOOK-kE

TITLE: INVESTING IN THE HIGH YIELD MUNICIPAL MARKET: HOW TO

PROFIT FROM THE CURRENT MUNICIPAL CREDIT CRISIS AND

EARN ATTRACTIVE TAX-EXEMPT INTEREST INCOME

PUBLISHER: WILEY LANGUAGE: ENGLISH

LINK: http://is.gd/EKQePa RELEASE TYPE: RETAIL

FORMAT: PDF RELEASE DATE: 2014.05.27

ISBN: 9781118175477 STORE DATE: 2012

SAVED.MONEY: 76 EURO DISKCOUNT: 01 x 05MB

AUTHOR: TRIET NGUYEN



BOOK



A practical guide to profiting from the high yield municipal

market



This unique guide to the high yield municipal bond market sheds

some much-needed light on this esoteric but profitable corner of

the fixed-income world. It fills the void between the general

reference handbooks on municipal bonds and the superficial

treatment of do-it-yourself bond guides, with an emphasis on

practical trading applications



Having witnessed the beginning of the modern high yield

tax-exempt institutional market, author Triet Nguyen documents

its historical evolution, outlines a conceptual framework for

high yield tax-free investing, one that takes into account both

interest rate and credit cycles, and reviews the latest

historical data on municipal defaults, including for the first

time the non-rated sector. Current distressed opportunities are

also discussed. Along the way, Nguyen takes the time to discuss

in detail the pros and cons of investing in pre-packaged high

yield vehicles-from mutual funds to hedge funds to

exchange-traded funds-with frank and objective insider tips on

how these slickly marketed products really work. For the truly

committed investor who wants to do his or her own homework

Nguyen and a group of industry experts go over the key investment

considerations for several major classes of high yield tax-exempt

bonds



* Offers unique insights into the risk/return, trading, and

liquidity characteristics of high yield municipal instruments

* Includes interesting case studies to fully illustrate the high

yield investing process

* Written by an insider of both the asset management industry and

the broker-dealer community



Investing in the High Yield Municipal Market will put you in a

better position to profit in this arena and help you excel in

today's tough financial environment