Considerations When Buying

You may have questions about selected technical topics when you make municipal securities investments. There are a number of important considerations beyond simply credit risks. Those include, for example, risks that the value of the securities may change due to market movements in prevailing interest rates, risks associated with optional redemptions (especially when investors pay a premium for the securities), and risks of illiquidity in a market that may be traded thinly.

This chapter is intended to highlight certain matters that you may wish to consider when buying municipal securities

Where Should I Begin?

When ...

Get Bloomberg Visual Guide to Municipal Bonds now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.