MBIA's Surveillance Team Keeps Close Tabs on Credit Quality
- Fund managers happy to see MBIA abandon lower-rated health sector. Cintron, Ivan // Bond Buyer;11/23/98, Vol. 326 Issue 30526, p9
Focuses on tax-exempt portfolio managers' views on MBIA Insurance Corp.'s decision to stop insuring hospital issues rated below A-minus and restrict its analysis of issues in other sectors. Joel Silva of American Century's optimism that greater supply of bonds carrying triple-B ratings instead...
- Defaults Hit CDOs' Equity. Sibayan, Karen // Bank Loan Report;02/12/2001, Vol. 16 Issue 6, p10
Reports on the impact of credit defaults on collateralized bond obligations' equity in the United States. Significance of credit selection to the completion of the recovery from debt; Importance of pro-active portfolio management; Factors that need to be considered in portfolio defaults.
- Immunizing Default-Free Bond Portfolios with a Duration Vector. Chambers, Donald R.; Carleton, Willard T.; McEnally, Richard W. // Journal of Financial & Quantitative Analysis;Mar1988, Vol. 23 Issue 1, p89
Dissatisfaction occasionally has been expressed with traditional measures of duration for immunization on conceptual grounds. However, more elegant duration measures have not been found to be superior to the traditional ones in empirical tests of immunization efficacy. Under the assumption that...
- Long Beach, Calif., may pay down debt service if land deal comes through. Marois, Michael B. // Bond Buyer;04/20/98, Vol. 324 Issue 30375, p3
Focuses on a plan by the Long Beach, California Financing Authority to seek clearance to sell refunding lease-revenue debt to complete a project that had been shelved since 1992. Series of bonds at twice-annual coupon payment date; Insurance of bonds by MBIA Insurance Corp.
- Fitch affirms MBIA's AAA. Heaton, Kenneth // Bond Buyer;09/16/99, Vol. 329 Issue 30727, p29
Reports on the rating given to the bonds of the MBIA Insurance Corp. Reasons for the rating given to the company.
- RAM Re to Pay S156.5M to Commute Exposure to $10.6B of MBIA's Book. Herman, Jack // Bond Buyer;12/3/2008, Vol. 366 Issue 33015, p6
The article reports on the agreement of RAM Reinsurance Co. to pay MBIA Insurance Corp. $156.5 million in New York. The agreement is to commute RAM's exposure to the $10.6 billion portfolio of business it had assumed from MBIA. It is stated that the bond insurer had $778 billion in net par...
- Institutional Buyers of Tobacco Bonds Like Their Price vs. Risk. Finestone, Deborah // Bond Buyer;02/02/2001, Vol. 335 Issue 31069, p1
No abstract available.
- New Orleans May Make Bond Changes. Randall, Danielle // Investment Management Weekly;10/1/2001, Vol. 14 Issue 39, p2
Reports that the New Orleans City Employees' Retirement System is planning to review its bond allocation and the firms that manage the debt to determine whether to search for replacement portfolio managers as of October 1, 2001.
- OPM sees potential in Asian bonds. Smith, Amanda // Money Marketing;7/7/2011, p32
The article focuses on the interest of Great Britain's OPM Fund Management in Asian bonds having allocated 41 million pounds fixed-income fund of funds played out through the Legg Mason Western Asset Asian opportunities fund.