Barron's recently called unfunded public pension liabilities "the ticking time bomb" in the municipal bond market. In a recent discussion at Asset TV, BAM pension actuary Les Richmond discussed the facts behind the headlines, and how BAM's analysts factor pension risks into their overall credit assessments.
Please Note: These videos do not constitute individual investment recommendations or advice. Investors considering the merits of a particular debt issue should read the Official Statement prepared for it. If BAM insurance has been purchased for some but not all of bonds being offered for sale, the Official Statement will identify which bonds are insured. For more information, please view our Terms of Use at: http://buildamerica.com/terms-of-use
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Public Pensions and Municipal Bonds: Understanding the Risks -
Making Green Bonds for PACE Investments a Reality -
What's Changed in Bridgeport? A lot. -
How an Iowa City is Financing Upgrades to Its Sewer System -
How one Connecticut city is managing its cost base -
How a state intercept program benefits Philadelphia Community College bondholders -
Why BAM Insured Springdale, Ark.'s Sales-Tax Bonds -
How Little Rock is Funding Museum Improvements -
New Ballpark Funding for the Texas Rangers -
Saving Money by Refinancing Older Debt in Southern California -
How an Alabama Community College is Raising the Bar for Science Education -
Financing water and sewer service to a fast-growing Austin suburb -
How one of California's largest counties is saving money on debt service -
How a California School District is Financing Infrastructure Investment -
BAM Credit Insights on Suffolk County, NY -
Analyzing Bonds that Funded a Hospital for Magnolia, Arkansas -
How BAM Evaluated a California Water Bond Issuer -
A California City's Path to Better-Quality Water -
Analyzing An Illinois School District in a Turnaround -
How a Colorado Community Is Financing Infrastructure -
Looking at Bonds Backed by the Rancho Mirage RDA Successor Agency -
How Louisiana Helps Support Community College Capital Needs -
Understanding How One New Jersey Issuer Will Repay Debt -
Understanding the Credit Quality of the City of Yonkers, New York -
How One City Is Financing New Broadband Capacity -
Credit Considerations for the Successor Agency to the Murrieta RDA -
Insuring Bonds for the Tulsa Airports Improvement Trust -
How Lynwood, California, is investing in its water system