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
Explain in Details Return on Investment

Comprising examined the conceptual origin of the balance sheet we will here try to study the balance sheet by itself. We have observed that every transaction influences the financi

It is a national organization of female Certified Public Accountants (CPAs) in America. The AWSCPA was established to encourage the interests of female CPAs in America by diverse

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

last changes in accounting standard in aias?

Imputed Interest - If no interest or an unrealistic amount of interest is charged in a salve involving certain kinds of deferred payments, then transaction would be treated as if r

procedure followed in govt.system of accounting in india

QUESTION The recognition of human capital by modern businesses has led to the development of Human Resource Accounting (HRA) Required- (a) Explain the following terms-

When is working capital most likely to increase? A when the business increases its selling prices B when the credit period allowed to customers is reduced C when the credit pe

The Financial Executives Institute is an organization established in 1931 whose members are mainly financial policy-making executives. Several of its members are chief financial of