Contact: Jennifer A. Galloway, Chief Communications Officer
MSRB PUBLISHES UPCOMING MUNICIPAL SECURITIES OFFERINGS ON EMMA
Washington, DC – To enhance the availability of information about upcoming offerings, or issues, of new municipal securities, the Municipal Securities Rulemaking Board (MSRB) today added a new issue calendar to its Electronic Municipal Market Access (EMMA®) website. The calendar lists municipal bonds scheduled for sale to investors as well as pricing of recently sold issues.
“Investors interested in gaining access to municipal bonds in the primary market can use the calendar to research upcoming offerings,” said MSRB Executive Director Lynnette Kelly. “They can contact a municipal securities dealer if they are interested in a particular offering.” The new issue calendar is also aimed at helping state and local governments who are considering issuing new municipal bonds. “Municipal entities can use the calendar to inform timing on new bond issues, as well as to identify and compare prices of other recently sold bonds,” Kelly said.
The calendar allows users to filter upcoming bond issues by state, tax status and whether the issue is bank qualified. Once the issue is awarded to an underwriting syndicate, it is displayed on the calendar in a separate “Recently Sold” tab. The list of recently sold issues is enhanced with a final pricing scale of the individual maturities in a bond series, coupon and ratings, among other information.
“This dynamic tool, along with the other data and disclosures available on EMMA, can help all municipal market participants make decisions that are right for them,” Kelly said.
The MSRB’s EMMA website is the official source of data and disclosure documents on more than one million outstanding municipal securities. 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.