Written by three leading authorities in the field, Municipal Bond Portfolio Management provides a complete examination of municipal bonds, including a description of their credit features and techniques for assessing potential performance and valuation. With this thorough guide, you'll become more knowledgeable of the variety of municipal securities, their risk/return characteristics, redemption features and credit risk. Essential for traditional municipal bond portfolio managers, investment advisors and crossover buyers, Municipal Bond Portfolio Management: describes various bond types and features, including refunded bonds, insured bonds and derivative securities; provides coverage of new and innovative structures with unique credit risk and investment characteristics; identifies the important aspects of credit analysis, including common mistakes made by investors and issuers.