Municipal Debt Issues in Foreign Markets: Managing Currency and Interest Rate Risk

Since the mid‐1980s, there has been an acceleration of state and local government interest in the taxable bond market as a source of capital. This has resulted from, among other factors, restrictions imposed on economic and industrial development loan programs resulting from the passage of the Tax R...

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Veröffentlicht in:	Public budgeting & finance 1991, Vol.11 (4), p.33-48
Hauptverfasser:	Ramsey, James R., Hackbart, Merl
Format:	Artikel
Sprache:	eng
Schlagworte:	Bond markets Capital markets Currency swaps Economic development Financing Forward exchange contracts Futures exchanges Hedging Interest rate swaps Interest rates Local government
Online-Zugang:	Volltext
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