What is the US Municipal Bond Market?
Tim provides a brief overview of muni bonds: who issues them, why investors choose to invest in them, and how these differ to revenue bonds.
Overview
A Muni Bond market is an organised market with its own peculiarities. It’s a $4 trillion-dollar market and has a fully-formed ecosystem of underwriters, dealers, rating agencies, advisors and investors.
Key learning objectives:
Identify who issues Muni bonds
Explain the uses and benefits of Muni bonds
Describe how they are issued (GO, Revenue)
Summary
Expert
Tim Skeet
Banker with more than 35 years experience in the financial markets. Tim has been an ICMA board member and an ECBC steering committee member. Tim is a Freeman of the City of London.
03:24
04:22
