U.S. Public Finance

Assured Guaranty is the leading provider of municipal bond insurance in the United States.

Our municipal credit enhancement products include:

  • Municipal bond insurance policies covering principal and interest, for both new issues and those already trading in the secondary market
  • Surety policies that take the place of cash-funded reserves in municipal bond transactions

We guarantee a wide range of municipal bond types supported either by tax revenues or revenues from essential public projects or services. We insure both tax-exempt and taxable municipal bonds.

While we have three platforms – AGM, insuring only public finance transactions; MAC, insuring only U.S. municipal bonds in select categories; and AGC, a diversified provider – we are one team, applying a uniform underwriting standard and dedicated to the highest level of customer service. In addition to our large municipal bond insurance department in our New York headquarters, we maintain a fully staffed western regional office in San Francisco.

For the first quarter of 2019, Assured Guaranty insured a leading 56% of insured new issue par and 56% of the transactions sold in the quarter. 

  • Assured Guaranty insured approximately $2.4 billion in aggregate in the primary and secondary market with a total transaction/policy count of 261.
  • Assured Guaranty guaranteed the largest insured Green Bond transaction on record, $179 million of bonds for the New York MTA across two separate transactions. 
  • In the latest example of Assured Guaranty’s taxable market capabilities for healthcare credits, during the quarter itinsured $81 million of Massachusetts Development Finance Authority bonds for Tufts University Medical Center, part of the Wellforce Health System.

Contact Information

  • William J. Hogan
  • Senior Managing Director
  • 212 408 6006
  • Email
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  • Christopher Chafizadeh
  • Senior Managing Director
  • 212 339 0832
  • 914 420 6530
  • Email

     

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