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

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