Understanding key credit factors that influence MUD investments
This panel looks at current trends in the municipal bond market as one of the best-perform- ing fixed-income asset classes in 2021. It shares insights into the credit strength of cities, counties, and other municipal borrowers as these emerge from the pandemic and discusses the potential impact of several Federal policies on the performance of municipal bonds going forward.
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"
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.
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…