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A Letter from BAM’s CEO

Recent events have driven home the reality that prejudice and discrimination continues to create inequities in the U.S. and stands in the way of building safe, healthy, and productive communities. Build America Mutual believes that any form of discrimination or inequity is intolerable.

BAM Announces Q2 2019 Statutory Financial Results

Build America Mutual published its financial results for the second quarter of 2019, showing that BAM insured $2.9 billion par during the period and posted continued growth in par outstanding and claims-paying resources.

BAM Joins the Federal Home Loan Bank of New York (FHLBNY)

NEW YORK, June 17, 2019 – Build America Mutual today announced that it has been accepted as a member of the Federal Home Loan Bank of New York, becoming the first municipal bond insurer to join the FHLB System. Membership will expand BAM’s financial flexibility by providing access to reliable liquidity at a low cost, and supports BAM’s mission of providing durable credit enhancement for its municipal bond issuer- members who finance essential public infrastructure across the U.S.

BAM Announces Q1 2019 Statutory Financial Results

NEW YORK, May 10, 2019 — Build America Mutual today published its financial results for the first quarter of 2019, showing that BAM insured $1.9 billion par during the period, and posted continued growth in par outstanding and claims-paying resources.

BAM Releases White Paper on Demographic Change and Municipal Credit Risks

Understanding how changes in the United States’ demographic profile will impact the long-term credit outlook for specific municipal borrowers requires a granular analysis of the individual drivers of those shifts. The U.S. population is aging, but evidence suggests that the economic and fiscal pressures associated with that shifit will not be evenly distributed across regions.

Natalie Cohen Joins BAM Board of Directors

Build America Mutual’s member issuers have elected longtime municipal bond analyst Natalie Cohen to join the Board of Directors. She succeeds Hon. Ed Rendell, the former governor of Pennsylvania, who has served on the board since the company’s launch in 2012 and will now join BAM’s Strategic Advisory Committee.