Investing in Municipal Bonds: How to Balance Risk and Reward for Success in Today's Bond Market

Investing in Municipal Bonds provides an overview of the bond market and describes the "personalities" and traits of various types of bonds--along with the strategies you need to draw greater profits than ever. The book gives you expert insight into:

• Municipal securities
• Variable rate demand obligations
• Portfolio design strategies
• Municipal bond-yield calculations
• Structure of exchange traded funds

P.J. Fischer has worked for 26 years at major Wall Street firms, most recently as the head of Municipal Research and Global Indexes at Bank of America Merrill Lynch, where he was also a member of the Bank's Research Investment Committee.

Dr. Philip Fischer is Managing Director, Municipal Bond Research and Global Indices at Bank of America Merrill Lynch. His areas of expertise include fixed income, especially municipal bonds, focusing on economic and market analysis.