BAM Muni Market Update - February 7, 2020
Channel: Build America Mutual (BAM)
Date: 2020-02-07

Interest rates ended the week higher, but only after a Friday "risk-off rally" pared some of the increases seen earlier in the week. Municipal market new-issue volume continued to be boosted by strong flow of taxable issuance from issuers refinancing existing debt. BAM insured almost $250 million of new issues, led by two large taxable issues for cities in Alabama.

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