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America is investing
in the future
Build America Mutual guarantees the municipal bond investments that help build essential American infrastructure like roads, schools, and water systems.
BAM-insured bonds are rated AA with a Stable outlook from S&P Global Ratings. They help cities, counties, school districts, and our other member-issuers achieve more efficient access to the capital markets, while investors benefit from BAM’s unconditional promise of timely payment of interest and principal.
New and Upcoming Bond Issuances
Recent Credit Updates
BAM’s Market Results
Deals Priced Last Week (updated 7/22/2024)
Secondary Trades
What to Watch in Healthcare
"Infrastructure Happens at the State and Local Level"
BAM Municipal Bond Insurance and the COVID-19 Pandemic
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Meet Our Summer Intern: Temitayo (Tayo) Ojo
Tayo provides support BAM’s Public Finance Operations team under the wings of Patrice James, Head of PF Ops, and Nolan Miller, AVP. BAM is proud to partner with @FAONYC through @MuniBondClubNY’s Urban Leadership Fellows Program.
Investor demand remained solid for $13 billion of new-issue #munilandbonds last week, with another $11 billion waiting in the wings for this week’s calendar. View BAM’s e-newsletter here: https://hubs.la/Q02HwZL00
The #municipalbonds market remains red-hot: Issuers sold $13 billion of new debt this week, with another $11B waiting in the wings for next week’s calendar. BAM had another active week, led by its 21st $100M+ transaction of the year, for the City of Carmel, Indiana.
This week, we welcome BAM’s 2024 Rotational Analyst Class to our NYC office! Over the next two years, our Rotational Analysts will learn more about #muniland bonds, receive mentorship, and contribute to BAM’s collaborative work environment.
BAM’s Chief Information Security Officer & Chief Technology Officer, Dave McIntyre, participated in the @HTS_Financial Cybersecurity Summit to discuss potential cybersecurity threats to Texas as part of a larger conversation about the public sector’s cyber experience.
Consumer prices declined in June for the first time in three years; #Muniland volume rebounded after the July 4th holiday, including $300 million of BAM-insured new-issues. See more in BAM’s weekly e-newsletter: https://hubs.la/Q02GDxrd0
CPI declined in June for the first time in 3 years, igniting an interest-rate rally that could benefit more than $11B of #muniland bonds selling next week. BAM’s calendar includes $250 million+ of new issues, led by sales for Carmel, IN, and Beaumont, TX
Surprise CPI Decline Fuels Rally in Rates; BAM Weekly Update, 7/12/24
Consumer prices declined in June for the first time in three years, igniting an end-of-week interest-rate rally that…
hubs.la
BAM’s SF Team connected over Thai food and beautiful weather yesterday for an annual summer celebration at Nari. #UnitedWebuild
The City of Beaumont, TX, is selling $60 million of BAM-insured waterworks and sewer system revenue bonds. Learn more about the key factors our #muniland analysts considered before approving the transaction in our latest #BAMCreditInsights video
The Wildwood Utility Dependent District sold $155 million of #muniland bonds in 2021 to improve a network of approx. 180 miles of water and sewer infrastructure for thousands of customers in Central Florida. Learn more about these BAM-insured bonds here:
https://hubs.la/Q02FKkmD0
Insured Municipal Bonds and the Individual Investor
S&P Global Ratings Affirms BAM's AA Rating and Stable Outlook — July 2023
Asset TV: Investing in Municipal Utility Districts
The #1 Muni-only
insurer is the
innovation leader
BAM’s unique mutual structure and 100% dedication to the municipal bond market means issuers and investors get more:
Transparency
Only BAM provides Credit Profiles for every transaction and updates them annually
Insight
Only BAM GreenStar uses municipal-specific criteria to identify green bonds to help issuers attract ESG investors
Value
Only BAM offers issuers a credit to save on the costs of issuance when refunding BAM-insured bonds
