WM Financial Strategies: Municipal Bond Insurance
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Description: Article written for the local government financing community. Describes bond insurance, the insurers, how to purchase it, and feasibility.
Issuers that meet certain credit criteria can purchase municipal bond insurance policies from private companies. The insurance guarantees the payment of principal and interest on a bond issue if the issuer defaults. Bond ratings are based on the credit of the insurer rather than the underlying credit of the issuer. A municipal bond insurance policy is intended to result in significant interest cost savings, depending upon the issuer's underlying credit and market conditions at the time of the bond sale. Interest cost savings are attributable to the higher bond rating as well as enhanced liquidity for insured bonds.
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WEBSITE Info
Page title: | Municipal Bond Insurance |
Keywords: | bond, advisor, financial advisor, independent, financial consultant, bond issue, borrowing, debt, public, bond election, financing, advising, finance, bond insurance, insured bonds, credit enhanced, lease financing, leasing, certificates of participation, advisory, municipal, public finance, cities, schools, district, advisor, consultant, management, capital plan, government, taxes, bond insurance, governmental |
Description: | Municipal Bond Insurance |
IP-address: | 206.188.193.33 |
WHOIS Info
NS | Name Server: NS79.WORLDNIC.COM Name Server: NS80.WORLDNIC.COM |
WHOIS | Status: clientTransferProhibited |
Date | Creation Date: 03-nov-2002 Expiration Date: 03-nov-2014 |