Dr. Kalotay described the process of 'Creating a Live Yield Curve in the Illiquid Muni Market' at the 7th Annual Financial Market Liquidity Conference in Budapest.
Dr. Kalotay discussed Managing the Advance Refunding Option.
Dr. Kalotay explored the after-tax portfolio valuation and how the tax option, which is the right to execute tax-beneficial transactions, plays a role in it. The 2016 FMA Applied Finance Conference at St. John's University took place on May 13.
Dr. Kalotay discussed muni optionality and refundings at Bloomberg's Municipal Bond Forum.