The Price of Safety: The Evolution of Municipal Bond Insurance Value.

Authors: Cornaggia, Kimberly¹ kcornaggia@psu.edu, Hund, John² jhund@uga.edu, Nguyen, Giang¹ giang.nguyen@psu.edu

Source: Management Science. Apr2024, Vol. 70 Issue 4, p2330-2354. 25p.

Subject Terms: *Municipal bond insurance, *Value (Economics), *Insurance companies, *Prices, *Municipal bonds, *Credit risk, *Bond insurance

Competitive Sales Notices.

Source: Bond Buyer. 2/20/2025, Vol. 397 Issue 36259, p5-8. 4p.

Subject Terms: *Interest rates, *Municipal bond insurance, *Syndicates (Finance), *Inheritance & transfer tax, *Municipal bonds

Competitive Sales Notices.

Source: Bond Buyer. 1/23/2025, Vol. 397 Issue 36244, p5-9. 5p.

Subject Terms: *Interest rates, *Municipal bond insurance, *Real property tax, *Valuation of real property, *Stockbrokers, *Municipal bonds

Competitive Sales Notices.

Source: Bond Buyer. 11/27/2024, Vol. 396 Issue 36215, p4-8. 5p.

Subject Terms: *Interest rates, *Municipal bond insurance, *Syndicates (Finance), *Contracts, *Municipal bonds, *Bids, *Arbitrage, *Bond prices

Competitive Sales Notices.

Source: Bond Buyer. 1/9/2025, Vol. 397 Issue 36237, p5-7. 3p.

Subject Terms: *Interest rates, *Municipal bond insurance, *Real property tax, *Valuation of real property, *Stockbrokers, *Bids, *Municipal bonds

Competitive Sales Notices.

Source: Bond Buyer. 11/26/2024, Vol. 396 Issue 36214, p5-7. 3p.

Subject Terms: *Interest rates, *Municipal bond insurance, *Syndicates (Finance), *Bonds (Finance), *Bond prices, *Municipal bonds, *Bids

Competitive Sales Notices.

Source: Bond Buyer. 11/5/2024, Vol. 396 Issue 36203, p5-7. 3p. 1 Chart.

Subject Terms: *Interest rates, *Municipal bond insurance, *Real property tax, *Valuation of real property, *Bids, *Promissory notes, *Municipal bonds, United States tax laws

Competitive Sales Notices.

Source: Bond Buyer. 4/2/2024, Vol. 396 Issue 36084, p6-9. 4p. 3 Charts.

Subject Terms: *Interest rates, *Municipal bond insurance, *Syndicates (Finance), *Inheritance & transfer tax, School building remodeling

Competitive Sales Notices.

Authors: Dellenbaugh, Holly M., Lodestro, Larry

Source: Bond Buyer. 6/12/2024, Vol. 396 Issue 36124, p4-10. 7p. 3 Charts.

Subject Terms: *Interest rates, *Municipal bond insurance, *Municipal bonds, *Syndicates (Finance), *Valuation of real property

Competitive Sales Notices.

Source: Bond Buyer. 2/11/2025, Vol. 397 Issue 36254, p5-12. 8p.

Subject Terms: *Interest rates, *Municipal bond insurance, *Syndicates (Finance), *School bonds, *Inheritance & transfer tax, *Bids, *Promissory notes

Competitive Sales Notices.

Source: Bond Buyer. 9/23/2024, Vol. 396 Issue 36179, p5-7. 3p. 1 Chart.

Subject Terms: *Interest rates, *Municipal bond insurance, *Syndicates (Finance), *Municipal bonds, *Bonds (Finance), *Bids, *Insurance policies

Competitive Sales Notices.

Authors: KUPFERMAN, JOANN (AUTHOR)

Source: Bond Buyer. 8/27/2024, Vol. 396 Issue 36165, p5-7. 3p.

Subject Terms: *Interest rates, *Municipal bond insurance, *Unaudited financial statements, *Bond prices, *Audited financial statements, *Municipal bonds, *Arbitrage

Demand for Bond Insurance Wraps Climbed 29% in 2024.

Authors: LERNER, JESSICA (AUTHOR)

Source: Bond Buyer. 2/24/2025, Vol. 397 Issue 36260, pA5-A5. 1/2p.

Subject Terms: *Municipal bond insurance, *Bond insurance, *Credit ratings, *Investor confidence, *Liquidity (Economics)

Bond Insurance Use Grows 24.4% in First Half.

Authors: LERNER, JESSICA (AUTHOR)

Source: Bond Buyer. 7/26/2024, Vol. 396 Issue F762, p1-3. 2p.

Subject Terms: *Bond insurance, *Municipal bond insurance, *Investors, *Bonds (Finance), *Revenue bonds, *Individual investors

Estimating the Signaling Benefits of Debt Insurance: The Case of Municipal Bonds.

Authors: Kidwell, David S.¹, Sorensen, Eric H.², Wachowicz Jr., John M.³

Source: Journal of Financial & Quantitative Analysis. Sep87, Vol. 22 Issue 3, p299-313. 15p.

Subject Terms: *Municipal bond insurance, *Economic demand, *Estimation theory, *Economic equilibrium, *Economic models, *Insurance premiums, *Credit management, *Government securities, *Maturity (Finance), *Economic indicators, *Bond ratings, *Financial performance

NEGOTIATED VERSUS COMPETITIVE UNDERWRITINGS OF PUBLIC UTILITY BONDS: JUST ONE MORE TIME.

Authors: Fabozzi, Frank J.¹, West, Richard R.²

Source: Journal of Financial & Quantitative Analysis. Sep81, Vol. 16 Issue 3, p323-339. 17p.

Subject Terms: *Bonds (Finance), *Bond insurance, *Bidding strategies, *Bond market, *Letting of contracts, *Interest costs, *Securities, *Investors, *Spread (Finance), *Insurance companies

Geographic Terms: United States

Company/Entity: United States. Securities & Exchange Commission

China Averts Moral Hazard, for Now, After Country Garden Pays.

Authors: Zhou, Wei (AUTHOR)

Source: Bloomberg.com. 5/13/2024, pN.PAG-N.PAG. 1p.

Subject Terms: *Bond insurance, Gardens, Pressure regulators

Geographic Terms: China

Modeling Municipal Yields With (and Without) Bond Insurance.

Authors: Chun, Albert Lee¹, Namvar, Ethan², Ye, Xiaoxia³, Yu, Fan⁴

Source: Management Science. Aug2019, Vol. 65 Issue 8, p3694-3713. 20p.

Subject Terms: *Bond insurance, *Credit default swaps, *Business cycles, *Corporate bonds, *Municipal bonds

THE DECLINING INSURANCE BENEFIT IN THE MUNICIPAL BOND MARKET.

Authors: Bronshtein, Gila¹ giloosh@gmail.com, Makridis, Christos A.² makridis@mit.edu

Source: National Tax Journal. Mar2020, Vol. 73 Issue 1, p115-155. 41p. 9 Charts, 5 Graphs.

Subject Terms: *Municipal bond insurance, *Bond market, *Interest rates, *Municipal bonds, *Credit risk

Geographic Terms: California

Rating Agency Fees: Pay to Play in Public Finance?

Authors: Cornaggia, Jess, Cornaggia, Kimberly J, Israelsen, Ryan

Source: Review of Financial Studies; May2023, Vol. 36 Issue 5, p2004-2045, 42p

Subject Terms: RATING agencies (Finance), PUBLIC finance, CREDIT ratings, BOND market, BOND insurance, CORPORATE bonds, MUNICIPAL bonds