TITLE

Conservatives Go Exotic

AUTHOR(S)
McDonald, Michael
PUB. DATE
March 2002
SOURCE
Bond Buyer;3/5/2002, Vol. 339 Issue 31337, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the use of municipal derivatives market to swap to a fixed rate on the bonds in Charlotte, North Carolina. Entities to diversify balance sheets with acceptable percentage of variable-rate debt; Increase in the amount of hedging; Dependence of the swapping rates on the investment banks.
ACCESSION #
6713053

 

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