Building Infrastructure
Protecting Investors

Build America Mutual maximizes the safety and stability of U.S. municipal bond investments … to build a brighter future for communities and investor portfolios.

BAM's Market Results
Deals Priced Last Week (updated 7/19/2021)
Par:
$613 million
# of Transactions:
16
Secondary Trades
Par:
$1.1 billion
# of Trades
7,815
Video

COVID-19 and Pensions: Understanding the Long-Term Implications

BAM Pension Actuary Les Richmond discusses his new white paper, which focuses on the policy choices local governments face following the COVID pandemic and how they can drive long-term changes in the governments' pension risk profile.

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Video

“Re-Training” a River to Protect a Texas Community

The Fort Bend County Levee Improvement District #7 is selling approximately $60 million of levee improvement revenue bonds to help restore and stabilize the badly eroded bank of the Brazos River bordering the District. BAM’s latest Credit Insights Video discusses the credit securing the bonds and how BAM verified that they align with the ICMA’s … Continue reading "Home"

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Video

2021 Green Bond Outlook: Municipals

Three recent BAM GreenStar bond sales -- from Vallejo and Orange County, Calif., and Northglenn, Colo., highlight emerging trends in the market for U.S. municipal green bonds.

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White Paper
Insured Municipal Bonds and the Individual Investor

Why guaranteed bonds may be the right balance of income and risk for your portfolio

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News
S&P Global Ratings Affirms BAM’s AA Rating and Stable Outlook
July 15, 2020

NEW YORK, June 30, 2020 - S&P Global Ratings announced that it has affirmed Build America Mutual's AA rating and stable outlook, the strongest rating S&P assigns to any active bond insurer.

News
BAM Announces 2020 Statutory Financial Results
February 17, 2021

Build America Mutual, the only mutual, U.S. municipal-only bond insurer, today published its 2020 statutory financial results, reporting record par insured and total premiums. In addition to strong organic growth in capital during 2020, BAM completed a $150 million, fully collateralized reinsurance agreement with Fidus Re Ltd in the first…

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