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April 02, 2021

What is Bond Insurance?

April 02, 2021/ Chet Wang

Bond insurance will make principal and interest payments on a debt financing in the event that a district or county is unable to make the payment on time.  Generally bond insurance is utilized by districts with underlying ratings of upper medium grade (single A) and below.

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April 02, 2021/ Chet Wang/
Keygent Advisors, General Obligation Bonds, California School Districts, Bond Insurance, Chet Wang

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Chet Wang is a registered municipal advisor with an exclusive focus on California education municipal bonds.
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