American municipal bond assurance corporation, Accounting Standards

The first municipal bond insurance company was created in 1971 as a supplementary of MGIC Investment Corp. of Milwaukee; now usually called as Ambac Financial Group, Inc. The American Municipal Bond Assurance Corporation assures new municipal bond offerings globally and is one of the foremost firms in its field. A municipal bond issuer may buy insurance coverage so as to raise investor confidence that principal and interest payments will be done in full and on time if the issuer fails to pay.

Due to extra confidence developed by this coverage, insured bonds can be priced higher, have lower interest rates and can be more liquid. Also, bonds insured by companies like the Ambac Financial Group in general take on the credit rating of their insurance companies, increasing investor confidence even more. 

Posted Date: 8/4/2012 7:00:14 AM | Location : United States

Related Discussions:- American municipal bond assurance corporation, Assignment Help, Ask Question on American municipal bond assurance corporation, Get Answer, Expert's Help, American municipal bond assurance corporation Discussions

Write discussion on American municipal bond assurance corporation
Your posts are moderated
Related Questions

Q. Types of business activities? An accounting education is perfect for providing this versatile background. Additionally to providing a good foundation for entrepreneurship in

are exploration costs assets to Mining companies?

Q. Accounting Education Change Commission? Accountants in practice as well as business executives have generally been dissatisfied with accounting graduates' capability to thin

We have a demonstration instrument that was paid for years ago. How do we get it back on our books as an asset?

As of 2005, consolidated financial statements of listed companies in the European Union are required to be prepared in accordance with IFRSs. Complete the following accounting p

If I sold aan asset before its matured perid what will be it''s Depreciation schedule?

Government Accountability Office (GAO) - Accounting and auditing office of the United States government. An independent agency which reviews federal financial transactions and repo

i need guidance note, expert advisory help or contoveries on AS 13

i have an assignment that is requiring me to build my own Accounting framework. this assignment is not a research or textual assignment it must have a thinking process, so i can an