MSRB: Statistics on disclosures made by municipal issuers now on EMMA

By Toni Weeks

San Luis Obispo, Calif., March 19 - The Municipal Securities Rulemaking Board (MSRB) announced it has begun providing to investors statistics on the number and type of disclosure filings that issuers of municipal securities make. The statistics will be available through the life of a bond on MSRB's Electronic Municipal Market Access (EMMA) website.

According to a press release, the documents contain information about a municipal bond that arises after the bond's initial issuance, such as annual financial information, bond calls and credit ratings. The statistics represent monthly volumes since 2010, categorized by types of disclosure. The disclosures themselves are also available on the EMMA website, the release noted.

The continuing disclosure statistics are available under the Market Statistics pages on the EMMA website. Users can view, graph and compare different types of disclosures on a monthly basis for the last three years. The Market Statistics section also includes summaries of municipal trades and new issues of municipal securities as reported to the MSRB.

The MSRB, based in Alexandria, Va., works to promote a fair and efficient municipal market for investors, issuers, other municipal entities and the public.

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