Dr. Kalotay discussed the incorporation of taxes into the OAS-based bond valuation technique which provides better prices and interest rate risk measures. See event page here.
Dr. Kalotay discussed the importance of Options When Managing Debt at the 2013 National Association of Independent Financial Advisors Conference.
Dr. Kalotay discussed interest risk management of municipal bonds.
See Advance Refunding: A Misguided View From the Ivory Tower in the Bond Buyer.
Rising rates could cause more damage than you think. See also...