Innovative uses for municipal investment contracts.
This article describes the benefits of using municipal investment contracts for the reinvestment of municipal bond proceeds. It shows how municipal investment contracts may be structured to meet a borrower's objectives of liquidity, security, and maximization of investment yield. Several examples show how a custom-tailored municipal investment contract may achieve results unobtainable through traditional investment vehicles.
Smith
S D
SD
Municipal Securities Division, at Ziegler Securities, Chicago, IL, USA.
D002202:Capital Financing / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D007449:Investments / Q000191:economics*; D009111:Local Government; D014481:United States