Bond insurance continued its upward trajectory in the first quarter of 2024, leading the two top municipal bond insurers to expand.Municipal bond insurance grew 24.4% in the first quarter of the 2024 year-over-year.The top two municipal bond insurers wrapped $7.132 billion in the first quarter of 2024, up from the $5.735 billion of deals in the first quarter of 2023, according to LSEG data.The industry par amount was achieved in 318 deals versus 260 deals in Q1 2023.Insurance penetration for…
Read More…
Source: https://www.bondbuyer.com/news/bond-insurance-grows-assured-bam-expand