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Rose MCM cover
Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace, 8/e
Peter Rose, Texas A & M University
State and Local Governments in the Financial Markets

Standard & Poor's Questions

Chapter 20 in Money and Capital Markets: State and Local Governments in the Financial Markets

Question 1


What has happened to commercial bank holdings of municipals (state and local government securities) in recent years? (For example, examine the changes that occurred in Bank One Corporation’s municipal versus federal security holdings as shown on the Market Insight reports for 1997 through 2001.) Why has this happened?
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