June 9 - 13, 2025

Overview

• BAM insured $311 million of new issues across 19  transactions
  
  
• Bloomberg Munis in Focus: LA County Tests Market
  
  
• BAM Weekly Update: Muni Sales Continue to Find Ready Buyers

Qualified for Insurance*

The following new issue transactions are among those that BAM has qualified or expects to qualify for insurance in the primary market. Bonds insured by BAM are rated AA with a Stable outlook by Standard & Poor's, and investors also benefit from improved transparency due to the Credit Profiles BAM publishes and updates annually for every issue it guarantees.

Preliminary versions of select Credit Profiles are available to investors in BAM-insured bonds prior to a transaction's pricing. Please visit BAM's website to view available Credit Profiles.

*All deal qualifications are subject to credit approval. Other deals may be added to the qualified list as the week progresses. If you are preparing a new-issue transaction, please contact the appropriate BAM credit analyst or e-mail your submission to submission@bambonds.com to request a qualification.

Primary Market

• BAM insured 13 competitive and 6 negotiated sales from 9 states

*N= Negotiated; C= Competitive;

Updated Credit Profiles

• 256 BAM Credit Profiles were published or updated last week

Click below for one-click access to select BAM Credit Profiles

This week's noteworthy updates include:

• Metropolitan Transportation Authority (NY)
• St. Lucie County (FL)
• City of Sugar Land (TX)
• Palmdate Financing Authority (CA)

More than 10,000 BAM Credit Profiles are available for free on BAM's website and updated annually with the most recent available financial and demographic data in addition to fundamental credit and structure information. 

Contact Us:

Visit the BAM Directory

Don Farrell 
Head of Investor Relations
dfarrell@bambonds.com

Bloomberg Terminal Users: Click Here to Chat

BAM MUTUAL

200 Liberty Street, 27^th Floor

New York, NY 10281

212.235.2500 | www.bambonds.com

The material contained in this Weekly Update (the "Material") is provided for informational purposes only and does not constitute (i) an offer to sell or a solicitation to buy any security or any insurance product, (ii) a template or form for use or (iii) financial, tax, legal, investment or accounting advice. You should not rely on any Material for any purpose, including, without limitation, as the basis for any financial, investment or insurance decision. In no event will BAM be liable to any party for any damages, costs, expenses, legal fees or losses in connection with any use of the information, even if advised of the possibility of such damages.

BAM does not act as a fiduciary or investment advisor. The Material is not intended as a recommendation to purchase or sell any of the securities referenced there and should not be used or considered as such under any circumstances. The Material has been obtained from various public sources: BAM does not represent that it is accurate, timely or complete, and it should not be relied upon as such. BAM assumes no obligation to update the Material. BAM does not perform an audit and undertakes no duty of due diligence or independent verification of any information presented here.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor's Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. "CUSIP" is a registered trademark of the American Bankers Association.

Please be advised that insurance coverage cannot be bound or changed via submission of (i) any online form/application provided on our website or otherwise or (ii) any email, voice mail or facsimile. No binder, insurance policy change, addition, and/or deletion to insurance coverage goes into effect unless and until confirmed directly in writing by us.