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Secondary Markets

Your Partner In Building a Stronger Portfolio

Secondary Market insurance from BAM Mutual allows investors to directly wrap their existing holdings. Bonds insured in the secondary market benefit from improved credit quality and ratings and can help portfolio managers achieve goals for liquidity and credit diversity.

Institutional investors and broker-dealers can reach out directly to our secondary markets desk at 212.235.2502 or by email at smdesk@bambonds.com.

More than $1 billion of BAM-insured bonds trade in the secondary market in a typical week, and more than 70,000 outstanding CUSIPs have been pre-approved for insurance. Secondary market insurance transactions can be executed quickly and allow investors to obtain BAM’s AA/Stable rating from S&P Global Ratings, and a new, tradeable CUSIP that is tracked on all major market-information platforms, including Bloomberg, ICE, and the Municipal Securities Rulemaking Board’s EMMA system.

BAM’s Capital Markets team is an engaged partner for traders and portfolio managers, helping them identify insurance-eligible bonds and managing the logistics of secondary market wraps to make the process seamless. If you are an individual investor looking to own BAM-insured bonds, please contact your broker or investment advisor for more information.

Grant Dewey Head of Municipal Capital Markets

Bryan Baebler Head of Primary and Secondary Pricing

Chris Flosi Managing VP

Morgan Fahy Vice President

BAM secondary market capacity is available on the Bloomberg Terminal and Investortools' Perform system.