MSRB Adds Economic Calendar to EMMA

Date: June 27, 2016

Contact: Jennifer A. Galloway, Chief Communications Officer 
              (202) 838-1500


Washington, DC – The Municipal Securities Rulemaking Board (MSRB) announced today it has added an economic calendar to its Electronic Municipal Market Access (EMMA®) website. Without having to leave EMMA, users can now freely access a calendar with dates and descriptions of key upcoming macroeconomic developments that could have an impact on the trading and issuance of municipal securities.

“EMMA’s new economic calendar is a great resource for all market participants interested in assessing market-related events,” said MSRB Executive Director Lynnette Kelly. “From an issuer’s perspective, it could be the most informative tool we have added to EMMA in recent years.”

The economic calendar features upcoming federal data releases, labor and housing statistics, and other leading economic indicators that can assist municipal market participants in monitoring real-time data releases. It is the first resource to be provided on the EMMA website that helps investors understand broader market activities that may affect the municipal bond market.

The economic calendar joins other free tools on EMMA aimed at assisting municipal market participants, including the price discovery tool, which enables users to identify and compare bonds that share key characteristics, and email alerts that help investors stay up to date when new information becomes available about an individual security or groups of securities on EMMA.

The MSRB’s EMMA website is the official source of data and documents for the municipal market. The free website contains information on more than 1 million outstanding municipal securities and displays real-time trade price and yield data for every municipal bond. The MSRB operates the EMMA website in support of its mission to protect investors, state and local governments, and the public interest by promoting a fair and efficient municipal market.

The MSRB protects investors, state and local governments and other municipal entities, and the public interest by promoting a fair and efficient municipal securities market. The MSRB fulfills this mission by regulating the municipal securities firms, banks and municipal advisors that engage in municipal securities and advisory activities. To further protect market participants, the MSRB provides market transparency through its Electronic Municipal Market Access (EMMA®) website, the official repository for information on all municipal bonds. The MSRB also serves as an objective resource on the municipal market, conducts extensive education and outreach to market stakeholders, and provides market leadership on key issues. The MSRB is a self-regulatory organization governed by a board of directors that has a majority of public members, in addition to representatives of regulated entities. The MSRB is overseen by the Securities and Exchange Commission and Congress.