BAM is partnering with CNBC to raise awareness about the municipal bond market through a new regular “Muni Money” segment. For the first report, Tom Kozlik from Hilltop securities was interviewed by host Kelly Evans about the recent trend of strong inflows to municipal bond mutual funds, despite the ongoing concerns about whether the Federal … Continue reading "Home"
Building Infrastructure
Protecting Investors
Protecting Investors
Click here to view BAM’s 2020 Year-End Recap Newsletter
BAM's Market Results
Deals Priced Last Week (updated 1/11/2020)
Par:
$144 million
# of Transactions:
10
Secondary Trades
Par:
$673 million
# of Trades
6,581
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"
Video
How COVID-19 Impacts Public Pension Risks
Build America Mutual Pension Actuary Les Richmond explains how investment losses associated with the COVID-19 pandemic are likely to impact public pension funding ratios and why individual states and cities may see significantly different outcomes — forcing municipal bond investors to carefully consider the implications for their specific holdings.
White Paper
Insured Municipal Bonds and the Individual Investor
Why guaranteed bonds may be the right balance of income and risk for your portfolio
News
BAM-Insured Municipal Bonds and COVID-19
March 18, 2020
Federal, state, and local government reactions to the spread of the novel coronavirus and a surge in COVID-19 cases are leading to a wave of questions about the fundamental credit quality of U.S. municipal bond issuers, given the potential for extended disruptions to economic activity. To help investors understand BAM's…
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.