Investing Public Funds

Girard Miller
M. Corrine Larson
Paul Zorn
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A valuable reference source for new or experienced public investors, the revised edition of the classic GFOA text on investing offers a complete and up-to-date overview of the public-sector investment function. It covers: the investment process; investment policies; cash budgeting, cash forecasting and arbitrage investing; administrative systems and internal controls; short-term investment instruments; relationships with depositories and dealers; factors that influence interest rates; the yield curve; the markets; establishing an investment outlook; technical approaches to short-term investing; short-term
investment strategies; fixed-income investments; administration of retirement funds; and public pension fund investments. Fully illustrated.

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