White Papers

White Papers
Asset TV: Municipal Bonds, The Infrastructure Opportunity

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.

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COVID-19 Response and Public Pensions: How Today’s Choices Can Drive Long-Term Risks

As the economy recovers from the COVID pandemic, pension issues should remain central for municipal bond investors, because state and local governments’ fiscal policy decisions could have long-term implications. This paper explores the pension risk implications of some of the actions governments may take in response to revenue declines.

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The Coronavirus Pandemic and Public Pension Risk: Learning from History

The first bear market in U.S. stocks in more than a decade is almost certain to cast a long shadow over U.S. public pension funds.

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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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Pension Funding Adequacy and Municipal Credit Analysis

Techniques for identifying a significant credit risk

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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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Going Green: Why Municipal Bond Issuers Should Consider Green Bonds

Green bonds can attract new investors and establish your municipality as environmentally responsible. Here’s what you need to know about the green bond market.

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Understanding the Credit Impacts of U.S. Demographic Shifts:

The case for granular analysis