US Municiple Bond Risk
- Topics:
- Investment and Capital Markets
- Tags:
- Barra,
- Bond,
- Finance,
- Investment,
- Market Valuation
- Source:
- Barra
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Overview: Barra's integrated risk model includes coverage of municipal bonds accounting for market wide and issuer-specific risks of investment grade municipal securities. The municipal bond market is affected by financial factors somewhat distinct from the primary drivers of the taxable bond market. Because of the large number of illiquid bonds, estimation of market valuation factors is a job believes to better left to muni market professionals.
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Format: PDF | Size: 324KB | Date: Jun 2002 | Pages: 6




