BAM Mutual

BAM insured more than $525 Million of new-issue #municipalbonds last week. Universities led the way, with sales by the University of Mississippi, The University of Akron and Colorado State University.

BAM's Weekly Update recaps another active week for new-issue #municipalbonds sales, including more than $930M of BAM-insured paper. Buyers are expected to take a well-earned break during the Thanksgiving week, before starting a three-week sprint of strong primary-market activity.

The #municipalbonds market was relatively stable and outperformed Treasuries, which experienced volatility as investors worked to assess the state of the economy without much of the economic data they've become accustomed to. Investors continued to utilize bond insurance in that volatile market: BAM's new-issue slate topped $525 million.

BAM insured more than $525 Million of new-issue #municipalbonds last week. Universities led the way, with sales by the University of Mississippi, The University of Akron and Colorado State University. View BAM's Weekly Update video for the full recap: https://hubs.la/Q03X4ZCX0

BAM insured more than $525 Million of new-issue #municipalbonds last week. Universities led the way, with sales by the University of Mississippi, The University of Akron and Colorado State University.

Why wait for Thanksgiving to feast? Buyers in the #municipalbonds market gobbled up this week's heavy $15B primary-market calendar, which included a heavy helping of more than $900M of BAM-insured paper. Solid demand helped keep tax-exempt yields stable, despite volatile trading in the Treasury and equity markets following the delayed release of September jobs data. Click here for our complete weekly update: https://lnkd.in/etyBDgU8