title: Primary market derivatives: satisfying investor appetites.
abstract: This article discusses various financing techniques utilized by municipal entities in their debt structures. These financing structures include inverse floaters, embedded swaps, embedded caps, and synthetic fixed-rate debt. The article explores the advantages and disadvantages of each structure to both the borrower and the investor and its mechanics.
authors.affiliation: Municipal Securities Division, Ziegler Securities, Chicago, IL, USA.
authors.forename: J
authors.initials: J
authors.lastname: LeBuhn
mesh_terms: D002202:Capital Financing / Q000379:methods*; D004465:Economic Competition; D005377:Financial Management, Hospital / Q000639:trends; D007449:Investments / Q000191:economics*; D009111:Local Government; D012308:Risk Management; D014481:United States