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Contact: Jennifer A. Galloway, Chief Communications Officer 
             (703) 797-6600


Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) announced today that its Electronic Municipal Market Access (EMMA®) website now provides free public access to public finance ratings from Kroll Bond Rating Agency (KBRA).

“The MSRB continues to expand the information available on EMMA to help investors make more informed decisions about municipal bonds,” said MSRB Executive Director Lynnette Kelly. “KBRA’s willingness to provide their ratings to investors free of charge through EMMA supports the MSRB’s goal to increase public access to market information.”

Available credit ratings are displayed on the Security Details page for each municipal security on EMMA and integrated into EMMA’s advanced search function and trade data views. Read more about the ratings information available on EMMA.

The MSRB began providing ratings from Fitch Ratings and Standard & Poor’s on EMMA in 2011. KBRA, Fitch and Standard & Poor’s are registered with the Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). The MSRB has invited all NRSROs to make their municipal credit ratings available on EMMA.

The EMMA website is the official repository for information on virtually all municipal securities. EMMA provides free public access to official disclosures, trade data, credit ratings, educational materials and other information about the municipal securities market. 

The Municipal Securities Rulemaking Board (MSRB) protects and strengthens the municipal bond market, enabling access to capital, economic growth, and societal progress in tens of thousands of communities across the country. The MSRB fulfills this mission by creating trust in our market through informed regulation of dealers and municipal advisors that protects investors, issuers and the public interest; building technology systems that power our market and provide transparency for issuers, institutions, and the investing public; and serving as the steward of market data that empowers better decisions and fuels innovation for the future. 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.