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 "How a California School District is Providing Workforce Housing … and Solid Investments"
The Jefferson Union High School District is borrowing $40 million to finance a new, 122-unit apartment complex for its teachers and other staff, but the structure of the deal protects investors from the project’s startup risks. Learn more about the security for the COPs in BAM’s latest Credit Insights Video.
New-issue municipal bonds returned to the market after a holiday hiatus, and investor support for the primary market remained strong, keeping yields stable at low levels. Retail investors again contributed more than $1 billion to municipal bond mutual funds.
Build America Mutual CEO Seán McCarthy was interviewed by Asset TV anchor Jenna Dagenhart last week to provide an update on BAM’s first-half performance and to share his outlook for the rest of 2020. He discussed the drivers behind the surge in demand for insured municipal bonds in both the…