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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.
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Deals Priced Last Week (updated 9/16/2024)
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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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#Muniland bonds ended the week mostly unchanged after a heavy new-issue calendar was met with solid investor demand. Benign inflation data re-opened the case for a 50 basis point rate cut at this week’s Fed meeting. Start your week with BAM’s e-newsletter: https://hubs.la/Q02P-s6B0
BAM Weekly Video Update: Issuers sell $15 billion of #municipalbonds, while inflation data re-opens case for the Fed to cut its interest-rate benchmark by 50 bps instead of a quarter-point.
Muni Investor and Issuer Interests Align; BAM Weekly Update, 9/13/24
#municipalbonds ended the week mostly unchanged, after a heavy calendar of new-issues was met with solid investor de…
hubs.la
Nuveen’s Dan Close appeared on @CNBC’s #MuniMoney and shared insights on how investors can identify opportunities to invest in education debt. BAM is pleased to sponsor CNBC Muni Money to help educate investors and policymakers about #muniland
CNBC Muni Money: Opportunities to Invest in Education
Nuveen's Dan Close shared insights on how investors can identify and assess opportunities to invest in #municipalbonds…
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The #muniland primary market shrugged off any uncertainty about the Fed’s next move on rates, boosted by nearly $1 billion of additional inflows to mutual funds — and forecasters are beginning to raise their expectations for FY 2024 volume. https://hubs.la/Q02P0n8r0
@tomkozlik’s new forecast for $480B of #muniland new-issues in 2024 (and potentially more in 2025) provided the important reminder that state and local willingness to open the wallet for infrastructure investment is often tied to economic conditions.
Back to School: Ohio’s Berea CSD BOE sold $105 million of BAM-insured & voter-approved #muniland bonds to help improve classrooms and school district facilities.
Subscribe to this #BAMCreditProfile, or choose from other education issuers: https://hubs.la/Q02Nr4l90
Buyer attention for #muniland bonds last week focused on the competitive market, including more than $600 million of BAM-insured new issues. See BAM’s recap of the surprisingly active pre-Labor Day week in our weekly newsletter here: https://hubs.la/Q02NrgfX0
Next week’s #muniland calendar includes $152 million of bonds for the East Baton Rouge Sewerage Commission, which is using user fees and sales tax collections to help pay for major upgrades that brought the system into compliance with EPA clean-water mandates. #BuiltByBonds
Texas Municipal Utility Districts will be major participants in the #muniland new-issue market between now and the end of the year.
Get ready by tuning in to the latest edition of The Muni CreditCast!
Listen here: https://hubs.la/Q02MV_jm0
Municipal bond issuers priced more than $12 billion in the primary market, as demand remained robust from investors who see signs of lower yields on the horizon. See more in BAM’s latest newsletter: https://hubs.la/Q02Mqyzg0
#Muniland issuers sold more than $12 billion of new-issues this week, including more than $250 million of BAM-insured deals that met with robust investor demand ahead of an expected rate cut in September.
Investor Demand for Munis Stays Strong; BAM Weekly Update 8/23/24
#Municipalbonds issuers sold more than $12 billion of new-issues this week, including more than $250 million of BAM-…
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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
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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
