| Bond
Process |
|
Regulatory
Agencies |
> Bond Issuance Process 
> Overview of Bond Finance: Built by Bonds
 |
|
> US
Securities and Exchange Commission
> Financial
Industry Regulatory Authority
> Municipal Securities Rulemaking
Board |
| |
| Bond
Finance Glossaries |
|
Interest
Rates |
> Municipal
Securities Rulemaking Board
>
Securities Industry & Financial Markets
Association
>
Financial Industry Regulatory Authority
> National
Council of Health Facilities Finance
Authority
> Investopedia.com |
|
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. |
| |
| Finance
Team |
|
Credit
Enhancement |
| Click
here for: information on how every bond issue requires several
different specialists, including: bond counsel, underwriter, and trustee. |
|
Click here for:
information regarding methods of enhancing credit worthiness of the
borrower, including letters of credit (LOC) and bond
insurance. |
| |
| Credit Rating |
|
More
Information |
| Click
here for: information
regarding rating agencies and the factors which impact credit
ratings. |
|
> Municipal
Advisory Council of Michigan
> Bond Buyer Daily Newspaper |
| |
| Lost
Bonds |
|
State's
Common Cash Rates |
Click
here for: Paying agent contacts regarding lost bonds.  |
|
Click
here for: the Michigan Bureau of Investments website
or call (517) 373-3140. |
| |
| Michigan
Education Savings Program |
|
Industrial
Revenue Bonds |
| Click
here for: the Michigan Education Savings Program website
or call at 1-877-861-6377. |
|
Click
here for: the Michigan Strategic Fund website
or call (517) 373-2778. |
| |
| Comprehensive
Transportation Fund |
|
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. |
|
Click
here for: the Michigan Local Audit and Finance Division website,
call (517) 373-3305, or e-mail Treas_LocalGov@michigan.gov |
| |
| U.S.
Savings Bonds |
|
Contact
Bond Finance |
> http://www.ustreas.gov
> http://www.savingsbonds.gov/
> Contact your local bank |
|
Location: Austin Building, 1st Floor
(Formerly Treasury Building) 430 W. Allegan Lansing, MI 48922
Mail: P.O. Box 15128 Lansing, MI 48901
Phone: (517) 335-0994 Fax: (517) 241-9509 |