Handbook of Debt Management

STATE AND LOCAL DEBT MANAGEMENT South Carolina V. Baker Preserving the Federal-State-Local Partnership: The Role of Tax-Exempt Financing, Anthony Commission on Public Finance Municipal Debt Finance: Implications of Tax Exempt Municipal Bonds, Peter Fortune The Role of Federal Taxation in the Supply of Municipal Bonds: Evidence from Municipal Governments, Gilbert E. Metcalf Do Tax-Exempt Bonds Really Subsidize Municipal Capital?, Roger H. Gordon and Gilbert E. Metcalf Nothing is Certain but Debt and Taxes: The Conditional Irrelevance of Municipal Capital Structure, G. Marc Choate and Fred Thompson Public Authorities and Government Debt: Practices and Issues, Jerry Mitchell BUDGETING FOR CAPITAL ASSETS Risk Assessment in Government Capital Budgeting, Gerald J. Miller Capital Investment Strategy, Gerald J. Miller Strategic Planning and Capital Budgeting: A Primer, Arie Halachmi and Jerry A. Gianakis State Capital Budgeting: The Case of New Jersey Under Thomas Kean, William H. Eldridge FORMULATING DEBT POLICY State and Local Debt Policy and Management, James R. Ramsey and Merl Hackbart Developing Formal Debt Policies, Richard Larkin and James Joseph Understanding and Forecasting Condition or Ability to Repay Debt: Report of the Capital Debt Affordability Committee on Recommended Debt Authorizations for Fiscal Year 1993, Capital Debt Affordability Committee, State of Maryland City Debt Policy: Policy Options Analysis for Debt Service, Capital Program, and Bond Schedule, City of Dallas Department of Budget and Management Services Intergovernmental Cooperation Produces a Comprehensive Debt Management Program in Saint Paul, Minnesota, Gary Norstem, Greg Blees, and Eugene Schiller NEW ISSUE FINANCING The Pay-As-You-Go Concept in Municipal Financing, Bernard Smith State Practices for Financing Capital Projects, Unites States General Accounting Office Stability and Turnover in Self-Serving Debt Networks, Gerald J. Miller Choosing an Underwriter for a Negotiated Bond Sale, Tom McLoughlin ISSUE STRUCTURE Municipal Bond Issue Structuring, Amy V. Puelz DISCLOSURE The Objectives of Municipal Disclosure: Epitomizing the Issuer's Credit Quality, Thomas A. Dorsey Municipal Securities Disclosure: Amendments to U. S. Securities and Exchange Commission Rule 15c2-12, United States Securities and Exchange Commission RATING DEBT Municipal Bond Ratings and Municipal Debt Management, Anthony L. Loviscek and Frederick D. Crowley Formal Regulatory Handle Needed for NRSRO Designation: Part I, Richard Y. Roberts Formal Regulatory Handle Needed for NRSRO Designation: Part II, Richard Y. Roberts Information Needed for Rating Municipal Bonds and Notes The Role of Economic Factors in Moody's Credit Analysis, Edward Krauss and Alfred Medioli The Role of Finical Factors in Moody's Credit Analysis, Paul Devine and Robert W. Stanley The Role of Administrative Factors in Moody's Credit Analysis, Michael Johnston The Role of Debt Position and Debt Management in Moody's Credit Analysis, Steven Bocamazo The Role of Legal Factors in Moody's Credit Analysis, James H. Burr and Katherine McManus MARKETING, SALES, AND UNDERWRITING Bid Evaluation for Competitive Bond Sales: NIC vs. TIC, Tom McLoughlin The Valuation of Municipal Bond Bids: Four Solutions, Harold Bierman, Jr. Applying the Bierman Technique: Municipal Bond Bid Valuation, Robert W. Zinn Understanding the Underwriting Spread, California Debt Advisory Commission MANAGING ACCUMULATED DEBT Tax-Exempt and U. S. Department of Treasury, Michele M. Patrick and George J. Whelan The Anatomy of a Municipal Bond Default, W. Bartley Hildreth National Debt Management WHERE NATIONAL DEBT COMES FROM Current and Capital Budgets, A. Premchand Capital Budgeting for the Federal Government: Managing the Deficit by Redefinition, John L. Mikesell Federal Deficits and Financing the National Debt, Marcia Lynn Whicker The Debt Burden: What You Don't See, John B. Carlson PRINCIPLES OF DEBT MANAGEMENT Government Debt Management, Organization for Economic Cooperation and Development An Essay on Principles of Debt Management, James Tobin Principles of Debt Management, Earl R. Rolph How to Manage the National Debt: A Symposium, Seymour E. Harris Notes on Managing the Public Debt, Lawrence H. Seltzer Government Debt and Private Investment Policy, Charles C. Abbot Debt Management and Inflation, Richard A. Musgrave Comments on the Symposium, Alvin H. Hansen Managing the Public Debt, D. Keith Sill Indexed Bonds as an Aid to Economic Policy, Robert L. Hetzel DEBT SALES IN THE UNITED STATES Treasury Auction Issues, United States Department of the Treasury, United States Securities and Exchange Commission, and Board of Governors of the Federal Reserve System How the U. S. Treasury Should Auction Its Debt, V. V. Chari and Robert J. Weber An Analysis of Potential Treasury Auction Techniques, Vincent R. Reinhart Auctioning Treasury Securities, E. J. Stevens and Diana Dumitru IS DEBT EVER REPAID? Can the Government Roll Over Its Debt Forever?, Andrew B. Abel Appendices Appendix I: Study Outline: Municipal Securities Representative Qualification Examination, Municipal Securities Rulemaking Board Appendix II: Study Outline: Municipal Securities Principal Qualification Examination, Municipal Securities Rulemaking Board Appendix III: Glossary of Municipal Securities Terms, Municipal Securities Rulemaking Board