Introduction to Public Finance
This course provides an understanding of the public finance market, as well as the tools used to analyse key public finance sectors and the credit risks they present. It explores the differences between public finance market and corporate finance market, public sector securities, and issue of revenue bonds.
Who is this for?
- Government officials and Legislators
- Regulators and central bankers
- Investment and commercial bankers
- Credit and equity analysts
- Fixed income professionals
- Buy- and sell-side bond researchers
- Corporate treasurers
- Correspondent banking officers
What will you learn...
What Is Public Finance?
- Definition of public finance
- Differences between public and corporate finance
Public Finance Credit Risk
- Why is the public finance sector less risky than corporate finance?
Public Finance Securities Overview
- What are the main public finance securities?
Analysing Local Government Credits
- Economics
- Management
- Finances
- Debt/Pensions
Basic Financial Analysis of Local Government Credits
- Income statement review
- Balance sheet review
- Budget information
- Comprehensive Annual Financial Report information
Revenue Bonds in Public Finance
- How do revenue bonds differ from general obligation bonds?
- Evaluating revenue bond credit strength
- Why is there more ratings volatility among revenue sectors than in the government sector?
Introduction to Analyzing Revenue Bonds – Essential Services
- Transportation
- Water/Sewer authorities
- Public power systems
Introduction to Analysing Revenue Bonds – Other Major Sectors
- Higher education
- Other not-for-profits
- Healthcare
Defaults
- Examples of public finance defaults
Book You Course Now
Course ID: FIN01
Duration: 5 days
Course fee: £3,900.00
Meet your Tutor
Patrick opio
MSc MSc DIC MAPM
Project Managment Proffessional and trainer with nearly 20 years UK and overseas experience in planning and project controls.