Financial Guarantees
Municipal FinanceU.S. Municipal Bond InsuranceSecondary Market
Guarantees for U.S. Municipal Bonds in the Secondary Market
FSA offers cost-effective secondary-market insurance that allows bond dealers and institutional investors to upgrade qualified bonds they already hold or plan to acquire.
Our secondary-market insurance may be used to:
- meet portfolio requirements
- reduce exposure to other insurers
- provide greater comfort and stability on positions purchasers want to retain
- increase returns from bond sales.
Underwriting standards are the same as for new issues.
FSA has pre-approved more than 5,000 municipal bond issues currently trading in the secondary market, and we give prompt consideration to other issues. To inquire about secondary insurance for a specific position, call Greg Haggerty or Alan Steinfeld at (212) 893-9600 or e-mail secmuni@fsa.com.