Understand Why BAM Mutual Is Unique

BAM Mutual is a mutual bond insurance company that operates for the benefit of its mutual members – the bond issuers and infrastructure project sponsors that use our insurance to achieve reliable and efficient market access. BAM is managed to maintain strong capital resources and ratings stability.

BAM’s unconditional and irrevocable financial guaranty gives investors certainty that scheduled payments of principal and interest will be made – backed by more than $1.5 billion of claims-paying resources, and rated AA with a Stable Outlook by S&P Global Ratings.

BAM Mutual is committed to the highest level of financial transparency. This page contains our latest financial statements, operating supplements, and a link to S&P’s public analysis. Investors can access BAM Credit Profiles for each issue we insure.

BAM’s Mission

BAM Mutual’s mission is to be the premier Financial Guaranty insurance company and we are the only insurer dedicated solely to supporting infrastructure investments by municipal bond issuers and project sponsors. BAM’s unconditional and irrevocable guarantee ensures that investors  receive every dollar owed, when due. 

BAM’s priorities are aligned with the interests of our investor and issuer stakeholders. That means we work with issuers and their professional advisors to maximize transparency and keep transactions on schedule, delivering reliable and efficient market access that makes every investment dollar go further. 

BAM’s unparalleled expertise in underwriting and superior credit analysis, commitment to risk management, financial strength, and expert execution, have built a track record that speaks for itself: We have helped more than 6,000 issuers finance more than $150 billion in essential infrastructure projects and every BAM-insured bond is rated AA with a Stable outlook from S&P Global Ratings, driving stability and high-quality returns for our investors.

Build a Better Portfolio By Building Stronger Communities

BAM Mutual-insured bonds help investors build a better portfolio while supporting essential infrastructure projects. With an unconditional and irrevocable financial guaranty, BAM ensures investors in municipal bonds and infrastructure projects will receive every dollar owed, when due.

Backed by over $1.5 billion of claims-paying resources, every BAM-insured bond is rated AA with a Stable Outlook by S&P Global Ratings. This, coupled with our commitment to making the municipal market more efficient and transparent means BAM-insured bonds can help you achieve your goals for liquidity, value preservation, and credit quality.