Variable Rate Remarketing
Municipal Money Market Product Specialists
A fundamental question for municipal issuers is determining whether to sell fixed or variable rate bonds for projects. It is critical in today’s municipal market to work with a firm who has a full range of capabilities to price and sell all types of municipal short-term instruments. We have a dedicated team for municipal short-term money market products who are experts in all of the various products and help determine what makes most sense for you.
Our experience
We have a dedicated team of professionals who are responsible for pricing, distributing and making a market in municipal money market products. This group is responsible for remarketing our portfolio of variable rate issues and pricing and trading municipal short-term notes.
- Variable rate remarketing—We remarket 298 weekly and daily priced variable rate issues totaling more than $4.44 billion. We rank number three in the nation in the number of daily priced variable rate issues that we remarket.*
- Municipal short-term notes—We price more than $1 billion of municipal short term notes each year and make a secondary market in these instruments.
Strong & deep sales distribution
We have significant sales distribution capabilities in municipal money market products. Our short-term specialists cover the municipal money market funds and many other significant purchasers of these products. In addition, our municipal sales force, our corporate cash management team and the rest of our fixed-income sales specialists provide strong and deep sales distribution of our money market products to a full range of investor types.