Municipal Bond Department
The Municipal Bond Department provides banking,
underwriting, sales and distribution services to states, local
governments and their agencies throughout the United States. The
Firm has long been recognized for its expertise in municipal credits
and is considered one of the nation's leading distributors of
new issue municipal securities with both retail and institutional
investors.
Department Highlights
-
Ranked 15th nationally (full credit to each
manager) among managing underwriters of negotiated municipal
bonds for 2006
-
Average weekly secondary market activity of
$100 million
-
Institutional sales force averaging 17 years
of industry experience
-
Retail distribution network consisting of more
than 4,000 retail accounts and more than $2 billion in customer
accounts of which 75% consists of municipal bonds
Underwriting Experience
Senior Managed Negotiated
Experience (2004 - Present)
