| Bond Process |
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Regulatory Agencies |
> Bond Issuance Process 
> Overview of Bond Finance: Built by Bonds  |
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> US Securities and Exchange Commission
> Financial Industry Regulatory Authority
> Municipal Securities Rulemaking Board |
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| Bond Finance Glossaries |
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Interest Rates |
> Municipal Securities Rulemaking Board
> Securities Industry & Financial Markets
Association
> Financial Industry Regulatory Authority
> Investopedia.com
>
Electronic Municipal Market Access (EMMA) |
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The Authorities regularly issues debt in the financial markets and obtains competitive rates for clients. For most programs, the interest rates are not determined until the day of pricing. Visit the SIFMA website for current market information. |
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| Finance Team |
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Credit Enhancement |
| Click here for: information on how every bond issue requires several different specialists, including: bond counsel, underwriter, and trustee. |
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Click here for: information regarding methods of enhancing credit worthiness of the borrower, including letters of credit (LOC) and bond insurance. |
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| Credit Rating |
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More Information |
| Click here for: information regarding rating agencies and the factors which impact credit ratings. |
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> Municipal Advisory Council of Michigan
> Bond Buyer Daily Newspaper |
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| Lost Bonds |
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State's Common Cash Rates |
| Click here for: Paying agent contacts regarding lost bonds. |
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Click here for: the Michigan Bureau of Investments website or call (517) 373-3140. |
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| Michigan Education Savings Program |
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Industrial Revenue Bonds |
| Click here for: the Michigan Education Savings Program website or call at 1-877-861-6377. |
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Click here for: the Michigan Strategic Fund
website or call (517) 373-2778. |
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| Comprehensive Transportation Fund |
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State "Private Activity Bonds", Allocations, and Volume Cap |
| Click here for: the Michigan Department of Transportation - Bureau of Finance and Administration website or call (517) 373-1527. |
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Click here for: the Bureau of Bond Finance
website, call (517) 335-0994, or e-mail Treas_BondFinance@michigan.gov |
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| U.S. Savings Bonds |
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Contact Bond Finance |
> http://www.ustreas.gov
> http://www.savingsbonds.gov/
> Contact your local bank |
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Location:
Austin Building, 1st Floor
430 W. Allegan
Lansing, MI 48922
Phone: (517) 335-0994
Fax: (517) 241-9509
www.michigan.gov/bondfinance
Treas_BondFinance@michigan.gov |
