Press Release: BDA Statement on Infrastructure, Congressional Action, and Municipal Bond Market Provisions

The Bond Dealers of America applauds Congressional leaders and the White House for making infrastructure a priority in the recovery from this ongoing national emergency.
The BDA is encouraged that Speaker Pelosi plans to go forward with the House “Moving Forward Framework” that prioritized municipal bonds, while outlining the need for the restoration of tax-exempt advance refundings, increasing the bank-qualified debt limit, and potentially expanding the use of qualified private activity bonds – all long time priorities for the BDA.

The BDA looks forward to working with Congress in support of these provisions and calls on Congress to act quickly and thoroughly to continue addressing the needs of the entire municipal bond market.

– Mike Nicholas, CEO, Bond Dealers of America

The Bond Dealers of America is the only Washington, DC based trade association that represents securities dealers and banks whose focus is the U.S. bond markets.  We work passionately to promote public policies and market practices that improve the market environment while also providing a forum for its members to learn, collaborate, debate and discuss issues of common interest.

The BDA acts as a clearinghouse for industry information and issues and provides educational opportunities for industry professionals through conferences, seminars and roundtables. By supporting the interests and prosperity of our members, we help to strengthen the companies, municipalities and investors who depend on them for both access to market liquidity and to raise the capital they need to grow and prosper.

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