CIFG Announces 392% Rise in First-Quarter Business

Meyers, Maxwell
June 2006
Bond Buyer;6/1/2006, Vol. 356 Issue 32393, p6
Trade Publication
he article reports on the financial performance of municipal insurer CIFG in the U.S. during the first quarter of 2006. During the first quarter, the company had insured 1.35 billion dollars in tax-exempt debt, which is a 392 percent increase from the same period in the previous year. According to Stanislas Rouyer, senior vice president of Moody's Investors Service Inc., the results reveal that CIFG is starting to build its name in the market.


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