Subject(s): Overview of the municipal bond market : Municipal bond dealers and brokers, Credit enhancers, Information and technology -- Basics of municipal securities : Tax exemption of municipal bonds, Short-term securitie -- Issues: Municipal debt, Pay-as-you-use vs pay-as-you-go, State and local government accounting -- Primary market , Secondary market, E-commerce, Selling municipal bonds, MSRB record-Keeping, Market statistics and Indexes -- Investing in bonds, Credit analysis, Understanding interest rates, Regulatory and disclosure requirements , Financial products -- Federal tax legislation affecting municipal securities, Current statutory exemption, Federal security law -- Interest rate swaps, caps, floors and collars