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The practice has developed among municipal issuers of having their issues insured by various companies.
Financial and business terms. 2012.
Municipal bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
Issuer — An entity that issues a financial asset. The New York Times Financial Glossary * * * issuer is‧su‧er [ˈɪʆuə, ˈɪsjuə ǁ ˈɪʆuər] noun [countable] 1. a person or organization that officially gives something such as a document to people who need or… … Financial and business terms
issuer — A party or entity that sells a security representing a claim on its assets (an equity security) or its contractual obligation to pay the holder at a future date (a debt security). American Banker Glossary An entity that puts a financial asset in… … Financial and business terms
American Municipal Bond Assurance Corporation — The first municipal bond insurance company, formed in 1971 as a subsidiary of MGIC Investment Corp. of Milwaukee; now more commonly known as Ambac Financial Group, Inc. The American Municipal Bond Assurance Corporation insures new municipal bond… … Investment dictionary
Calgary municipal election, 2007 — The 2007 Calgary municipal election took place on 15 October, 2007. It was a joint election with the Calgary Board of Education and the Calgary Roman Catholic Separate School District No. 1. There was one position open for mayor and 14 ward… … Wikipedia
Taxable Municipal Bond — A fixed income security issued by a local government such as a city or county or related agencies, the income from which is not exempt from tax. Taxable municipal bonds are generally issued to finance a project or activity that does not provide a … Investment dictionary
Conduit Issuer — An organization, usually a government agency, that issues municipal securities to raise capital for revenue generating projects where the funds generated are used by a third party (known as the conduit borrower ) to make payments to investors.… … Investment dictionary
serial bond — A bond that provides for the amount of debt to be divided into a series of different staggered maturities. For example, instead of issuing$10 million of 15 year bonds, a municipality may issue $10 million with $1 million maturing each year from… … Financial and business terms
Insured bond — A municipal bond backed both by the credit of the municipal issuer and by commercial insurance policies. The New York Times Financial Glossary … Financial and business terms
insured bond — A municipal bond backed both by the credit of the municipal issuer and by commercial insurance policies. Bloomberg Financial Dictionary … Financial and business terms
