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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. 

BAM’s Market Results


Deals Priced Last Week (updated 4/15/2024)

Par:
$551 million
# of Transactions:
17

Secondary Trades

Par:
$1.31 billion
# of Trades
15495

How Pinal County, Ariz., Is Helping Jump-Start EV Production

Pinal County, Arizona, is selling $115 million of municipal #GreenBonds that will be used to purchase land that will be leased to Lucid Motors to expand its state of the are electric vehicle plant. Learn more about the transaction from the bond investor’s viewpoint in our new #BAMCreditInsights video.

BAM Municipal Bond Insurance and the COVID-19 Pandemic

Frequently Asked Questions — COVID-19 cases are leading to a wave of questions about the fundamental credit quality of U.S. municipal bond issuers.
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Newark’s Board of Education sold $85 million in School Energy Savings Obligation Refunding Bonds in 2021. These BAM-insured bonds qualified for BAM’s GreenStar designation, which indicates alignment with the ICMA’s Green Bond Principles. Read more:
https://hubs.la/Q02rTNDk0

BAM insured $3.4 billion of municipal new-issues during the first quarter – a 48% increase over 2023 – helping more than 150 member-issuers finance essential infrastructure across 30 states. Read our latest newsletter to learn more about BAM’s Q1 activity: https://hubs.la/Q02rHBCb0

When issuers like the Jacksonville Airport Authority sell #muniland bonds to upgrade and build new facilities, investors can look to #BAMCreditProfiles learn more about the sale:
https://hubs.la/Q02r5G9b0

In the latest @CNBC #MuniMoney report, Bank of America’s Jared Woodard highlighted the after-tax returns offered by high-yield #muniland ETFs. BAM is pleased to sponsor CNBC’s Muni Money reports to help educate investors about current topics in the market

Spotlighting After-Tax Returns: CNBC Muni Money, 3/21/24

Bank of America's Jared Woodard was the guest on the latest CNBC Muni Money report, and highlighted the strong a…

hubs.la

BAM insures bonds for the Chicago Public Schools: America’s third-largest school district. Each issuer that BAM qualifies for insurance can be explored through #BAMCreditProfiles, which summarize key points for #muniland investors. View on our website: https://hubs.la/Q02pk49h0

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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 2023

July 13, 2023
S&P Global Ratings has published its full annual report on Build America Mutual and affirmed BAM’s AA rating and Stable outlook, the highest rating S&P assigns to any active bond insurer. The report recognized BAM’s “excellent capital adequacy with a buffer above its current rating” and the fact that BAM…

Videos

Asset TV: Investing in Municipal Utility Districts

December 06, 2021
Understanding key credit factors that influence MUD investments

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